BuzzFeed Inc - Company Profile
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BuzzFeed Inc (BuzzFeed) is a digital media company which provides news and entertainment content. The company’s platform comprises of website and mobile app, social media, YouTube, and other digital platforms that allow social distribution of entertainment and trending news content to engage consumers in real-time. Its digital platforms comprise BuzzFeed Originals, BuzzFeed Media, BuzzFeed Studios, BuzzFeed News, HuffPost, and BuzzFeed Commerce. Buzzfeed also allow them to share the content with their family and friends. The company operates in London, Paris, Berlin, Madrid, Sydney, Mumbai, Tokyo, Sao Paulo, Mexico City and Toronto. It operates an entertainment studio based in Los Angeles. BuzzFeed is headquartered in New York City, New York, the US.
Headquarters
United States of America
Address
10th Floor, 229 West 43rd Street, New York City, 10036
Website
www.buzzfeed.com
Telephone
1 646 3972039
No of Employees
925
Industry
Media
Ticker Symbol & Exchange
BZFD (NASD)
Revenue (2022)
$252.7M
-26.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
55.9%
(2022 vs 2021)
Market Cap*
$58.3M
Net Profit Margin (2022)
XYZ
40.2%
(2022 vs 2021)
* As of and is in US$
BuzzFeed Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Content | Advertising Services | BuzzFeed |
| Display | Tasty | |
| Programmatic Advertising | HuffPost | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Others | In February, the company received a takeover offer from The Independent, a media group. |
| 2021 | Acquisitions/Mergers/Takeovers | In December, the company merged with 890 5th Avenue Partners. |
| 2021 | Others | In June, the company announced to go public through a merger with 890 Fifth Avenue Partners for US$1.5 billion. |
Competitor Comparison
| Key Parameters | BuzzFeed Inc | IAC Inc | The New York Times Co | Ziff Davis Inc | Group Nine Media, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New York City | New York | New York | New York | New York |
| State/Province | New York | New York | New York | New York | New York |
| No. of Employees | 925 | 9,500 | 5,900 | 4,200 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jonah Peretti | Chief Executive Officer; Chairman | Executive Board | 2021 | 48 |
| Felicia DellaFortuna | Chief Financial Officer | Senior Management | 2021 | 38 |
| Christian Baesler | Chief Operating Officer | Senior Management | 2022 | 32 |
| Peter Wang | Chief Technology Officer | Senior Management | 2020 | - |
| Rhonda Powell | Chief Legal Officer; Secretary | Senior Management | 2021 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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