The good and bad news of the HuffFeed deal

Yesterday, Benjamin Mullin and Keach Hagey, of the Wall Street Journal, broke a huge media-business story: BuzzFeed is buying HuffPost in a stock deal, part of a broader package that will see Verizon Media, HuffPost’s current owner, take a minority stake and make a cash investment in BuzzFeed. The two companies will also collaborate in areas including content sharing and advertising. Online, media-watchers made variations on the same joke: HuffFeed, BuzzPost, HuffingBuzz, BuffPeed. (The tech blogger Jane Manchun Wong coded a script to exhaust all the portmanteau possibilities.) Meanwhile, staff at HuffPost were reportedly finding out about the deal the same way as the rest of us. “Reading a copy-and-pasted version of the story about my media company being acquired because I couldn’t get past the WSJ paywall,” Christopher Mathias, who covers the far right for HuffPost, tweeted. “2020 media babyyyyy.” As Mathias also noted, news of the acquisition came two years to the day since a New York Times interview with Jonah Peretti, BuzzFeed’s CEO (and a founder of both BuzzFeed and HuffPost), made a splash in the media word: Peretti mused about a possible mega-merger involving a bevy of digital publishers who would, in his conception, consolidate to demand better financial terms from Facebook and Google, and namechecked Vice Media, Vox Media, Group Nine Media, and Refinery29 as examples of competitors doing “interesting work.” Since then, all those companies have been involved in... Continue reading at 'Columbia Journalism Review'

[ Columbia Journalism Review | 2020-11-20 13:25:55 UTC ]
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[ The Guardian | 2015-07-10 00:00:00 UTC ]
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ViralNova, a Social News Aggregator, Sells to Zealot Networks

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[ Advertising Age | 2015-07-09 00:00:00 UTC ]
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The Roundup: Religion Book News from Across the Web, July 8, 2015

Progressive Christian books struggle; new research on faith fiction; a religion author skips it for the summer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-08 00:00:00 UTC ]
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French Publisher Strikes Landmark Deal with Comixology

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[ Publishers Weekly | 2015-07-06 00:00:00 UTC ]
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Second World War novel bought in six-figure deal

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[ The Bookseller | 2015-07-04 00:00:00 UTC ]
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Good to meet you… Sarah Perry

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[ The Guardian | 2015-07-03 00:00:00 UTC ]
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[ Publishers Weekly | 2015-07-03 00:00:00 UTC ]
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[ Publishers Weekly | 2015-06-29 00:00:00 UTC ]
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[ Editor & Publisher | 2015-06-29 00:00:00 UTC ]
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[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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[ Editor & Publisher | 2015-06-25 00:00:00 UTC ]
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Image Comics, Trajectory Ink Digital Distribution Deal

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[ Publishers Weekly | 2015-06-25 00:00:00 UTC ]
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The Roundup: Religion Book News from Around the Web, June 24, 2015

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[ Publishers Weekly | 2015-06-24 00:00:00 UTC ]
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Short Takes: Spirituality & Religion Book News, June 24, 2015

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[ Publishers Weekly | 2015-06-24 00:00:00 UTC ]
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[ Digiday | 2015-06-23 00:00:00 UTC ]
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[ The Bookseller | 2015-06-20 00:00:00 UTC ]
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[ Publishers Weekly | 2015-06-19 00:00:00 UTC ]
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[ Publishers Weekly | 2015-06-19 00:00:00 UTC ]
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[ Publishers Weekly | 2015-06-19 00:00:00 UTC ]
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[ The Guardian | 2015-06-19 00:00:00 UTC ]
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