Posted on 11/19/2020 12:32:50 PM PST by Red Badger
HuffPost has a new owner, with its current parent company Verizon Media reaching an agreement to sell the site to BuzzFeed.
The Wall Street Journal broke the news and described this as a stock deal. Verizon Media is also making an investment in BuzzFeed and becoming a minority shareholder in the digital media company.
The deal also includes an agreement to syndicate content between the two companies while collaborating on advertising and creating a joint innovation group to explore other monetization opportunities.
(Excerpt) Read more at techcrunch.com ...
Will they call it HuffFeed or BuzzPost?
Hufh ‘n Buzz?.................
Who in their right mind would pay anything for that propaganda site?
A fool and his money....................
Post Huff..
Jeepers, I didn’t think anyone—even Lefty girls—read the HuffPo post- Ariana.
Gonna go ahead and guess they paid less than the $330 million Zsa Zsa got from AOL.
Rock-bottom price? It was a fairly popular web site when Ariana Huffington owned it, but they screwed up and alienated all the users.
Huffington could use a buzz.
It's right here
Verizon Media is also making an investment in BuzzFeed and becoming a minority shareholder in the digital media company.
So it sounds like Verizon paid Buzzfeed to take the Huffington Post off its hands.
The Huff post is still the #3 News site on the web
110,000,000 unique visitors per Month
http://www.ebizmba.com/articles/news-websites
So how the hell are the losing money.
Verminedia would be more approrpriate.
You are correct. Verizon couldn’t sell the liberal rag for cash so they exchanged it for part ownership in Buzzfeed. Freaking musical chairs...and probably a nice tax break.
...like wow, man
“The Huff post is still the #3 News site on the web”
That may have been true at one time but I doubt if its true now.
Alexa shows them are the #193 website in the US. They used to be well within the top 100, ~ 60-70.
So they have lost a lot of ground.
TheGatewayPundit is climbing fast, currently ~115 in the US. Used to be somewhere in the 1000+ range.
Well, sure. The original sale was just good ol’ fashioned deep state money laundering, like a digital book deal.
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