Tuesday, November 5

Tag: buzzfeed

BuzzFeed acquires HuffPost
ACQUISITION

BuzzFeed acquires HuffPost

NEW YORK, Nov. 24, 2020-- BuzzFeed acquire online content platform HuffPost from Verizon Media. The addition of HuffPost which BuzzFeed will acquire brings BuzzFeed a universally known brand with significant scale, and an audience complementary to its own. “Verizon Media’s strategy has evolved over the past two years to focus on our core strengths- ads, commerce, content and subscriptions,” said Guru Gowrappan, CEO, Verizon Media. “We’ve created a powerhouse ecosystem, built on a trusted network, that delivers an end-to-end experience for consumers and advertisers. The partnership with BuzzFeed complements our roadmap while also accelerating our transformation and growth.” “We’re excited about our partnership with Verizon Media, and mutual benefits that will come from syndica...
ScoopWhoop In Trouble- How India’s Viral Content Company Lost Its Track
Story

ScoopWhoop In Trouble- How India’s Viral Content Company Lost Its Track

Disclaimer: The facts and incidents mentioned in the story have been already published by other media companies. We are just distributing the content supplied by third parties or subscribers. . Neither the Company nor any third-party provider of information guarantees the accuracy, completeness, or usefulness of any content, nor its merchantability or fitness for any particular purpose. We don't intend to provide any opinion on the matter. The Launch It was just another evening in a Mayur Vihar's small apartment of Rishi Pratim Mukherjee. He was hanging out with two co-workers, Sriparna Tikekar and Sattvik Mishra from WebChutney, an Indian webdesign and online marketing company. A little drunk and a discussion over "listicles" the term coined because of the popular US-based internet co...
NBCUniversal Invests $200 Million in BuzzFeed
FUNDING

NBCUniversal Invests $200 Million in BuzzFeed

Online media company BuzzFeed, best known for its list-based articles and quizzes, said Comcast Corp's NBCUniversal had invested an additional USD 200 million in the company. NBCUniversal last year invested roughly the same amount in BuzzFeed. NBCUniversal parent Comcast has pumped heavily into digital-native companies such as BuzzFeed and Vox Media, partly in an effort to better service existing advertisers. BuzzFeed, whose content generates 7 billion views each month, will collaborate with NBCUniversal on production and social distribution for NBCUniversal's Content Studio, the companies said on Monday. In August, BuzzFeed split itself into news and entertainment divisions amid media companies' struggle for balance between covering news and politics, and lighter fare like social...
Mashable Received $15 Million Funding From Time Warner
FUNDING

Mashable Received $15 Million Funding From Time Warner

The News website Mashable (digital media) received $15 million funding round from Time Warner Inc.’s Turner division (traditional TV network). Mashable will use the latest funding round to expand its video offerings, including on traditional TV, and enhance its advertising capabilities, according to the statement. The funding will also use to co-develop and distribute video content of Turner’s TBS, TNT channels and Mashable. Both companies will work together on new technology and advertising opportunities, according to a statement Thursday. In addition, Kevin Reilly, chief creative officer for Turner Entertainment and president of TBS and TNT, will join Mashable’s board. Turner and other media companies are looking to digital publishers to reach younger audiences that may not subs...
Wittyfeed- A Story of World’s 2nd Largest & India’s Largest Viral Content Company
Story

Wittyfeed- A Story of World’s 2nd Largest & India’s Largest Viral Content Company

WittyFeed.com, a name heard by many but whose story is yet not been told completely! WittyFeed holds a history, which is not only interesting but also inspiring. It is a company that has seen times that has caused many startups to die, it has fought and is now truly an example of hard work and dedication with its success. Mr. Vinay Singhal, founder of WittyFeed.com shares his success with Pixr8 in a recent interview. Taking time out in this festive weekend from his busy schedule, Mr. Singhal did gave plenty of time and attention to celebrating the grand success of Wittyeed.com. He was quick and precise and kept the conversation to the point. “Currently WittyFeed.com gets 120 Million unique visitors on a month-on-month basis, converting to about 400 Million page views. It makes us wo...