BuzzFeed acquires HuffPost in tie-up of digital media rivals

Washington (AFP) Nov 19, 2020

BuzzFeed said Thursday it was acquiring HuffPost in a deal uniting two digital media pioneers seeking fresh momentum in a troubled sector. The deal allows BuzzFeed to take over HuffPost from parent firm Verizon Media, and to use content from other Verizon properties including Yahoo, according to a statement from the companies. It also makes Verizon a minority shareholder in BuzzFeed, wit