The End of BuzzFeed News: A Digital Media Era Comes to a Close.
TL;DR Summary
BuzzFeed News, the digital media outlet that once dominated social media and threatened legacy news organizations, is shutting down its news division. The move marks the end of the digital media upstart frenzy that enlisted a new generation of young journalists. The demise of BuzzFeed News is a reflection of the changing media landscape, where publishers can no longer exploit social media platforms for traffic and revenue. BuzzFeed's co-founder and CEO, Jonah Peretti, plans to draw on the power of A.I. to help create content for BuzzFeed.
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