BuzzFeed Expands Thanks to $50M Investment

Changes are coming for millennial-targeted publisher BuzzFeed. The company announced on Monday that it received $50 million in series E funding from venture capital firm Andreessen Horowitz and planned to restructure the company with the funds.  "Today we think the time is perfect to grow our company, build our brand and greatly increase the content we are producing so we can be the number one digital media brand. The investment from Andreessen Horowitz will allow us to double down on our company's mission by creating a new organization and expand rapidly in all areas," BuzzFeed CEO Jonah Peretti said in a statement. BuzzFeed's editorial division will now be grouped under three categories—news, buzz and life—while all of its native ad efforts will fall under the BuzzFeed Creative category. All videos will fall under the BuzzFeed Motion Pictures arm, which will soon encompass mid- and feature-length projects in addition to its staple of viral clips and GIFs. A new section called BuzzFeed Distributed, led by managing editorial director Summer Anne Burton, will handle distributing its content across social platforms including Tumblr, Imgur, Instagram, Snapchat, Vine and other messaging apps. The company also announced plans to bolster its global reach with offices in India, Germany, Mexico and Japan sometime this year. To oversee the new teams, BuzzFeed added some seasoned veterans to its top ranks, including Andreessen Horowitz's general partner Chris Dixon, who will be... Continue reading at 'AdWeek'

[ AdWeek | 2014-08-12 00:00:00 UTC ]
News tagged with: #announced plans #global reach #top ranks #executive chairman

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With video ad marketplace Community, AT&T’s Xandr expands inventory

Xandr's video ad marketplace includes inventory from WarnerMedia properties as well as outside publishers, such as Vice and Hearst. The post With video ad marketplace Community, AT&T’s Xandr expands inventory appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2019-05-15 00:00:00 UTC ]
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Rosetta chef Elena Reygadas expands the idea of Mexican food in her cookbook

Chef Elena Reygadas is making dessert: a salad of fresh herbs and ice cream, one of the signature dishes at her Mexico City restaurant Rosetta. The plate — essentially a pile of greens — bears little resemblance to the gut-bombs of butter and chocolate that often finish out meals at fine dining... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-05-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mexican food #ice cream #signature dishes #fine dining


As Disney writes off its Vice investment, 10 Vice stories to help staffers cope: Publisher’s Brief

Welcome to the latest edition of Ad Age Publisher’s Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here's the previous edition. As Angela Doland notes in Ad Age’s Wake-Up Call this morning, citing a... Continue reading at Advertising Age

[ Advertising Age | 2019-05-10 00:00:00 UTC ]
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Scholastic invests in 'diverse' media firm Picturestart

Scholastic has joined firms—including Warner Bros—investing in Picturestart, a new media company releasing entertainment that will “discover and celebrate diverse voices”. Continue reading at The Bookseller

[ The Bookseller | 2019-05-04 00:00:00 UTC ]
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Ripley Expands Publishing Program

Believe it or not, the century-old brand is still growing with new licenses and formats. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-03 04:00:00 UTC ]
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Spread the Word calls for trade to invest in under-represented writers

Spread the Word has urged for greater investment in under-represented authors from the trade, as it reopens its London Writers Awards. Continue reading at The Bookseller

[ The Bookseller | 2019-05-01 00:00:00 UTC ]
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Unbound launches crowdfunder to expand US operation

Crowdfunding publisher Unbound is launching a new funding campaign to continue its US expansion and support its UK operations.  Continue reading at The Bookseller

[ The Bookseller | 2019-04-25 00:00:00 UTC ]
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The ‘Harry Potter’ tour near London expands its universe

There is always something magical to uncover in the world of Harry Potter, which is the ultimate premise behind “The Making of Harry Potter” on the Warner Bros. studio tour near London, an experience that continues to reveal new secrets from the film franchise. The tour’s latest — and largest —... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-10 00:00:00 UTC ]
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Investigation into insurance companies' purchase of 'Healthy Holly' books will 'probably' expand, Redmer says

Maryland Insurance Administrator Al Redmer said Thursday that he’s likely to expand his investigation of insurers involved in donations or sales of Mayor Catherine Pugh’s self-published “Healthy Holly” books. The Maryland Insurance Administration — which regulates all insurers in the state — has... Continue reading at Baltimore Sun

[ Baltimore Sun | 2019-04-05 00:00:00 UTC ]
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Publishers Prove That Investing in Talent Pays Off

Layoffs are not a new trend in the industry. They've become so frequent at both digital and print publishers that the news of new rounds of cuts is almost unsurprising.  But not all publishers are feeling the pressures to cut staff when budgets get tighter and revenue streams become shallow.... Continue reading at Folio Magazine

[ Folio Magazine | 2019-04-05 00:00:00 UTC ]
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Seeking More Consumer Revenue, Publishers Are Investing Heavily in E-Learning

Until a few years ago, online education of any sort was most often associated with digital degree mills and dubious promises of graduating college from the comfort of your own bedroom and pajamas. A new generation of students, however, has been exposed to digital learning throughout their... Continue reading at Folio Magazine

[ Folio Magazine | 2019-03-29 00:00:00 UTC ]
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Isaacson Named Editor-at-Large, Invests at Arcadia

Arcadia Publishing has announced that bestselling author Walter Isaacson has joined the company as editor-at-large and senior advisor and will also be an investor in the publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-18 00:00:00 UTC ]
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Cambridge to Expand Trade List

Cambridge University Press, the 485-year-old academic publishing house, is expanding its presence in the North American trade book marketplace. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-15 00:00:00 UTC ]
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BuzzFeed's print edition, Kylie Jenner + AI, NYT's new TV show, Pecker's latest woes: Publisher's Brief

The cover story is "Help! I'm in Love With Momo." Hardin, incidentally, wrote about the so-called Momo Challenge on March 1:It remains unclear how many Momo videos actually exist, whether they have actually caused kids to harm themselves, and just how widespread a phenomenon it is. It's also... Continue reading at Advertising Age

[ Advertising Age | 2019-03-06 00:00:00 UTC ]
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W H Smith marks entry into Netherlands and expands Spanish presence

W H Smith has marked its entry into the Dutch market with its first store opening at Amsterdam Airport Schiphol as the retailer expands its presence in Spain with two new shops.  Continue reading at The Bookseller

[ The Bookseller | 2019-03-02 00:00:00 UTC ]
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Ingram expands with new UK distribution centre

US-based Ingram Content Group will open a new distribution centre in Milton Keynes later this year under plans to move distribution operations from Plymouth. Continue reading at The Bookseller

[ The Bookseller | 2019-02-26 00:00:00 UTC ]
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Ingram Expands U.K. Footprint

Ingram Content Group will open a new 96,000-sq.-ft. distribution facility in Milton Keynes, U.K., later this year that will bring most of its operations under one roof. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-26 00:00:00 UTC ]
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National Book Foundation’s Spring ‘NBF Presents’ Season: Expanded Programming

With support from the Andrew Mellon Foundation, the National Book Foundation's 'NBF Presents' expands its events and widens its outreach. The post National Book Foundation’s Spring ‘NBF Presents’ Season: Expanded Programming appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-02-21 00:00:00 UTC ]
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Why video is still the best investment for digital publishers

Today, video is recognized as the most important medium for viewer engagement. Despite a competitive environment publishers still are aware of the importance of engaging audiences via video. From building trust in the content to gaining internal confidence in a video strategy, here are a few... Continue reading at Digiday

[ Digiday | 2019-02-20 00:00:00 UTC ]
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Taipei 2019: The Fair Opens Amid a Stable Market and an Expanding Kids' Segment

The six-day Taipei International Book Exhibition (TIBE) kicked off on February 12 with participation from 735 publishing houses and a roster of more than 1,000 events to promote reading and book-related activities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-13 00:00:00 UTC ]
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