Media Briefing: BuzzFeed’s $120M sale marks another step in the repricing of digital media scale
This week’s Media Briefing will unpack BuzzFeed’s sale to Byron Allen, and the collapse in value of platform-era media companies.
- A look at the post-boom BuzzFeed era
- NYT’s warning to freelancers about AI use, Gawker’s legacy and more.
BuzzFeed’s post-boom era
BuzzFeed’s $120 million majority-stake sale to Byron Allen may have been a lifeline for the publisher, but it also underscores just how dramatically the economics of platform-era publishing have unraveled, analysts told Digiday.
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Source:: Digiday
