BuzzFeed News’ business model turned to dust because they were always at the whim of mercurial tech titans | James Hennessy

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 98%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

BuzzFeed changed the way news was reported for the digital age. But it ultimately became a casualty of its lopsided relationship with Facebook

and Google, who had reshaped content distribution and the ad industry in their favour. Digital-only upstarts such as BuzzFeed, Mashable and Business Insider had built themselves to take advantage of those same trends and had secured a dominant share of millennial eyeballs as a result.

But the bigger story here is one largely outside BuzzFeed’s control. It, alongside the tranche of other digital media startups of its era, threw in its lot vigorously with Facebook. It heartily embraced the new distribution model which had so frightened old-school publishers, surfing the waves of traffic generated by Facebook and other social apps such as Snapchat – which at one point evinced similar ambitions towards being a news platform.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines