tldrdaily.news logo
Tag

First We Feast

All articles tagged with #first we feast

business1 year ago

BuzzFeed Sells 'Hot Ones' to Soros Fund for $82.5 Million

BuzzFeed has sold its food and pop culture brand First We Feast, known for the popular "Hot Ones" YouTube show, for $82.5 million in an all-cash deal. The buyers include First We Feast founder Chris Schonberger, "Hot Ones" host Sean Evans, and other investors like Crooked Media and Soros Fund Management. First We Feast will now operate independently, with plans to expand into new platforms and live events. The sale is part of BuzzFeed's strategy to reduce debt and focus on scalable, tech-enabled services.

via NBC News|
#business#buzzfeed#first-we-feast
business1 year ago

BuzzFeed Sells 'Hot Ones' for $82.5M to Soros Fund and Partners

First We Feast, the company behind the popular show 'Hot Ones,' has gained independence from BuzzFeed through an eight-figure deal backed by investors including Crooked Media and Soros Fund Management. The move allows First We Feast to operate as a standalone media company, with plans to expand into new platforms and live events. Sean Evans will continue as the host and chief creative officer, while founder Chris Schonberger becomes CEO. The brand aims to build on its success, which includes over four billion YouTube views and multiple awards.

via Hollywood Reporter|
#business#buzzfeed#first-we-feast
entertainment1 year ago

BuzzFeed Sells 'Hot Ones' Studio for $82.5M to Sean Evans and Investors

The popular YouTube talk show 'Hot Ones,' known for its celebrity interviews over spicy chicken wings, has been sold by Buzzfeed to a group of investors including host Sean Evans and founder Chris Schonberger for $82.5 million. This acquisition makes First We Feast, the company behind 'Hot Ones,' an independent multi-platform media company. Schonberger will serve as CEO, while Evans remains the host and becomes Chief Creative Officer. The show, which has featured numerous celebrities and gained significant popularity, is set to launch its 26th season in January 2023.

via Deadline|
#buzzfeed#entertainment#first-we-feast