BuzzFeed has agreed to buy HuffPost the companies said Thursday, uniting two of the largest players in digital media in the latest example of consolidation in the sector.
The acquisition is part of a larger deal between Verizon Media, HuffPost’s owner, and BuzzFeed, with the media arm of the telecoms giant taking a minority shareholder in BuzzFeed.
I would expect it to be pretty low. Sadly, we’ll never really know as it looks like, from this sketch, an equity swap. HuffPo for some share of the combined companies. And what’s the value of the combined HuffPo and Buzzfeed, then of a minority stake in it?
I thought Buzzfeed was bankrupt. Perhaps only in the UK.
Does the fragrant Arianna Stassinopoloplosous still have an interest in HuffPo ?
In the 80s Private Eye used to be quite mwrciless about her, or more precisely the weak men in Fleet Street who worshipped her.
Making a living attacking Trump isn’t going to be much of a business model. Look for additional consolidation.
In the 80s Private Eye used to be quite merciless about her
“The Greek pudding”
or more precisely the weak men in Fleet Street who worshipped her
Bernard Levin
Who the fuck actually reads either PoS?