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...