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 ]
News tagged with: #eu regulators #fallout continues #cover image #libel case #soccer star #digital publishers

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[ The Bookseller | 2020-12-07 20:14:15 UTC ]
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Charting Fox News’s slide from serious news outlet to ‘state media’

CNN’s Brian Stelter contends that Fox aids Trump in manipulating the truth and the public. Continue reading at The Washington Post

[ The Washington Post | 2020-08-25 15:43:28 UTC ]
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The Good Book's Not So Good Numbers

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[ Publishers Weekly | 2020-08-25 04:00:00 UTC ]
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James Murdoch resigns from news publisher News Corp's board

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[ ABC News | 2020-07-31 22:55:44 UTC ]
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News Corp finds someone to blame after pulling the plug on AAP (hint: it's not News Corp) | Weekly Beast

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[ The Guardian | 2020-03-06 02:34:45 UTC ]
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[ Folio Magazine | 2020-03-05 17:34:24 UTC ]
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James Murdoch's attack on News Corp and Fox News 'not discussed by board'

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[ The Guardian | 2020-01-15 07:29:48 UTC ]
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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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[ Media Week | 2019-08-23 08:34:39 UTC ]
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News Corp is apparently working on a news app called 'Knewz'

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[ Engadget | 2019-08-22 21:14:00 UTC ]
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[ Editor & Publisher | 2019-06-21 15:26:03 UTC ]
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[ Advertising Age | 2019-06-18 20:05:16 UTC ]
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[ Crains New York | 2019-06-11 20:09:08 UTC ]
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[ AdWeek | 2019-03-27 00:00:00 UTC ]
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[ Digiday | 2018-05-22 00:00:00 UTC ]
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[ Digiday | 2018-05-04 00:00:00 UTC ]
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[ The New York Times | 2018-03-02 00:00:00 UTC ]
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[ Digiday | 2018-02-28 00:00:00 UTC ]
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[ Digiday | 2018-02-19 00:00:00 UTC ]
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[ Los Angeles Times | 2017-12-19 00:00:00 UTC ]
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