BuzzFeed, Inc. (NasdaqCM:BZFD) and Vice Media, LLC, two onetime darlings of digital media that have shrunk in size and relevance in recent years, are likely to get even smaller. BuzzFeed, whose stock has lost more than 97% of its value since the company went public in 2021, is looking to sell its food sites, Tasty and First We Feast, according to people familiar with the situation. Meanwhile, Fortress Investment Group, which took over Vice in bankruptcy last year, is in talks to sell its Refinery29 women?s lifestyle-focused site, other people said.
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Mar. 28 | BuzzFeed Partners With The Independent in UK, Ireland | MT |
Mar. 28 | Britain's The Independent signs deal to take control of BuzzFeed UK | RE |
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- Vice?s Refinery29 and BuzzFeed?s Tasty Reportedly Are Up for Sale as Digital Media Contracts