Benzinga

JANUARY 25, 2024

BuzzFeed Inc (NASDAQ: BZFD ) and Vice Media are reportedly set to undergo further downsizing as they grapple with financial challenges these digital media companies faced that soared to high valuations nearly a decade ago. Buzzfeed, once valued at $1.7 Full story available on Benzinga.com

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The Guardian M&A

MARCH 28, 2024

Media companies to combine publishing and advertising platforms to target gen Z and millennials The Independent will take control of BuzzFeed and HuffPost in the UK and Ireland with the intention to create “Britain’s biggest publisher network for gen Z and millennial audiences”, the publishers have said.

Technology 108

Technology 108

NYT M&A

OCTOBER 27, 2023

BuzzFeed is negotiating a sale of much of Complex Networks for under $140 million, less than half of what it paid to acquire it two years ago.

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Mergers & Acquisitions 131

Law 360 M&A

MAY 15, 2024

Delaware's Court of Chancery dismissed from an arbitration access dispute on Wednesday 85 BuzzFeed Media Enterprises employees who sued for arbitration of a stock conversion right, rejecting claims that company employment agreements require Delaware courts to handle the issue.

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Benzinga

MARCH 28, 2024

BuzzFeed, Inc. The firm entered into a multi-year license and strategic partnership with Independent Digital News and Media. The agreement merges well-known brands like The Independent, BuzzFeed UK, Tasty UK, Seasoned, and HuffPost UK, consolidating them under The Independent’s leadership for operations in the U.K.

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Equity Marketability 52

Law 360 M&A

MARCH 30, 2023

BuzzFeed Media Enterprises Inc. has once again sued 91 current and former employees in Delaware's Chancery Court to stop them from taking a stock conversion dispute to the American Arbitration Association, a déjà vu complaint that comes less than a year after parent company BuzzFeed Inc.

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Law 360 M&A

JULY 26, 2022

Digital media company BuzzFeed Inc. insisted Tuesday that it isn't bound by employment agreements to arbitrate a stock-related dispute with 91 current and former staffers and urged Delaware Chancery Court to declare that state the proper forum.

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