BuzzFeed News’ business model turned to dust because they were always at the whim of mercurial tech titans | James Hennessy

BuzzFeed changed the way news was reported for the digital age. But it became a casualty of its lopsided relationship with FacebookThe announcement of the demise of BuzzFeed News last week felt unlike the cavalcade of media closures and layoffs of the past decade. In a sense, it represented the death of an entire era.BuzzFeed News, launched in 2011, imagined a format which would marry the intense virality and relentless social media focus of digital native publications with the serious reporting of major mastheads. The bet was that the site’s endless fountain of Harry Potter quizzes, viral news stories, celebrity gossip and pop culture gifs could subsidise a serious news operation, which would in turn lend real credibility to BuzzFeed as a whole. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2023-04-26 03:36:53 UTC ]
News tagged with: #buzzfeed news #news operation #digital age #past decade #harry potter

Other Publishing stories related to: 'BuzzFeed News’ business model turned to dust because they were always at the whim of mercurial tech titans | James Hennessy'


BuzzFeed News’ business model turned to dust because they were always at the whim of mercurial tech titans | James Hennessy

BuzzFeed changed the way news was reported for the digital age. But it became a casualty of its lopsided relationship with FacebookThe announcement of the demise of BuzzFeed News last week felt unlike the cavalcade of media closures and layoffs of the past decade. In a sense, it represented the... Continue reading at The Guardian

[ The Guardian | 2023-04-26 03:36:53 UTC ]
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BuzzFeed News’ Ben Smith: ‘Every company needs diverse business models’

Once dependent on Facebook, the publisher is broadening the ways it distributes its news and makes money. The post BuzzFeed News’ Ben Smith: ‘Every company needs diverse business models’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-09-27 00:00:00 UTC ]
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BuzzFeed shuts down unprofitable news business for good

Despite winning a Pulitzer Prize in 2021 for coverage of China's mass detention of Muslims, BuzzFeed News' journalistic success has not delivered business results. Continue reading at Media Week

[ Media Week | 2023-04-21 14:23:32 UTC ]
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This Big Facebook Critic Fears Tech’s Business Model

Roger McNamee was a mentor Mark Zuckerberg and an early investor in Facebook. Now he has written a book about the "Facebook catastrophe." Continue reading at Wired

[ Wired | 2019-03-11 00:00:00 UTC ]
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The long-suffering news business keeps getting big promises from Big Tech

With Google under pressure to clamp down on YouTube conspiracies and low-quality clickbait, the search giant is launching a major new effort aimed at strengthening its relationship with news publishers–and perhaps keeping them from going under. At an event in New York today, the company... Continue reading at Fast Company

[ Fast Company | 2018-03-20 00:00:00 UTC ]
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James Murdoch resigns from news publisher News Corp's board

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James Murdoch's attack on News Corp and Fox News 'not discussed by board'

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News Corp Answers Big Tech by Exploring its Own News Distribution Site

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[ Editor & Publisher | 2019-09-12 18:30:12 UTC ]
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News Corp. attacks internet platforms for hurting news business

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[ Crains New York | 2019-06-11 20:09:08 UTC ]
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Why BuzzFeed News premiered a show on Apple News before Facebook, YouTube, Twitter

Apple paid BuzzFeed to release a show first on Apple News, and the publisher was also able to make money through an ad-revenue split. The post Why BuzzFeed News premiered a show on Apple News before Facebook, YouTube, Twitter appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2018-05-04 00:00:00 UTC ]
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Smiths News boosts business with airline and ebook business

Smiths News, the newspaper and magazine wholesaler, has completed the purchase of the remaining assets of Dawson Holdings, which include its ebook unit and its newspaper and magazine airline distribution business. Continue reading at Media Week

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How Hearst Magazines is using its digital membership model to grow its e-commerce marketplace business 

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[ Digiday | 2024-03-27 04:01:00 UTC ]
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The Top 10 Book Business News Stories of 2023

The book business in 2023 in a nutshell: Amazon got hit with a federal antitrust lawsuit, Scholastic got mired in a censorship controversy, Simon & Schuster finally found a buyer, AI fever gripped the book business, and publishers stepped up to book bans. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-29 05:00:00 UTC ]
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OpenAI will pay to train its models on Business Insider and Politico articles

OpenAI will pay German publisher Axel Springer to use its news articles to train its AI models and show real-time information from Axel Springer's brands, which include Business Insider and Politico in the US and Bild and Welt in Europe, in ChatGPT’s responses. None of the companies disclosed... Continue reading at Engadget

[ Engadget | 2023-12-13 20:03:27 UTC ]
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Hitting the Books: Meet Richard Arkwright, the world's first tech titan

You didn't actually believe all those founder's myths about tech billionaires like Bezos, Jobs and Musk pulling themselves up by their bootstraps from some suburban American garage, did you? In reality, our corporate kings have been running the same playbook since the 18th century when... Continue reading at Engadget

[ Engadget | 2023-09-11 20:50:45 UTC ]
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Hitting the Books: Meet Richard Akrwright, the world's first tech titan

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News publishing giant Gannett sues Google for monopolizing ad tech

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[ Engadget | 2023-06-20 16:46:02 UTC ]
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Vice and BuzzFeed were meant to be the future of news. What happened? | Jane Martinson

Their young audience made them the envy of the media’s old guard. But, ultimately, they couldn’t convert this into profitAfter Rupert Murdoch invested tens of millions of pounds in his digital publishing company in 2013, Shane Smith, boss of Vice Media, laughed at how much old media companies... Continue reading at The Guardian

[ The Guardian | 2023-05-20 07:00:50 UTC ]
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How the social traffic that gave life to BuzzFeed News ultimately led to its demise

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[ Digiday | 2023-04-24 04:01:00 UTC ]
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BuzzFeed News to be shuttered in corporate cost cutting move

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