BuzzFeed Acquires HuffPost, Announces Strategic Partnership With Verizon Media
Ted Johnson BuzzFeed is acquiring HuffPost, as part of a strategic partnership with Verizon Media that marks the latest evolution in the digital media landscape.Verizon Media, the current owner of HuffPost, will become a minority shareholder in BuzzFeed.Jonah Perretti, founder and CEO of BuzzFeed, said in a statement, “We’re excited about our partnership with Verizon Media, and mutual benefits that will come from syndicating content across each other’s properties, collaborating on innovative ad products and the future of commerce, and tapping into the strength and creativity of Verizon Media Immersive.” More to come.