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 California, Canada, India, Japan, Mexico and the U.K. It operates an entertainment studio based in Los Angeles. BuzzFeed is headquartered in New York City, the US.
Headquarters
United States of America
Address
50 West 23rd Street, 6th Floor, New York, 10010
Website
investors.buzzfeed.com
Telephone
1 302 6587581
No of Employees
507
Industry
Media
Ticker Symbol & Exchange
BZFD (NASD)
Revenue (2024)
$185.3M
-2.4%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-471.8%
(2024 vs 2023)
Market Cap*
$123.2M
Net Profit Margin (2024)
XYZ
-485.7%
(2024 vs 2023)
* As of and is in US$
BuzzFeed Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Media Content | Curating and Commercializing Content | BuzzFeed |
| Delivering Content | Tasty | |
| Food Community Hosting | 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 |
|---|---|---|
| 2026 | Contracts/Agreements | In May, the company signed an agreement to sell a majority stake to Allen Family Digital. |
| 2024 | Divestiture | In July, the company sold Bring Me! to Lost In, a travel media publisher. |
| 2024 | Stake Sale | In July, the company sold a stake to Edge One Capital LP, an investment firm. |
Competitor Comparison
| Key Parameters | BuzzFeed Inc | IAC Inc | Ziff Davis Inc | Group Nine Media, Inc. | Mashable 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 | New York | New York | New York City | New York City |
| State/Province | New York | New York | New York | New York | - |
| No. of Employees | 507 | 5,156 | 3,900 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jonah Peretti | Chairman; Chief Executive Officer | Executive Board | 2021 | 51 |
| Matthew Omer | Chief Financial Officer | Senior Management | 2023 | 41 |
| David Arroyo | Chief Legal Officer; Secretary | Senior Management | 2023 | 56 |
| Chandler Bondan | Chief People Officer | Senior Management | - | - |
| Hannah Bricker | General Manager - Tasty | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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