BuzzFeed Shares Soar After Sale Of Complex

Feb 22nd 2024 2:41am EST

Tyler Durden Corporate media is on life support. Advertising revenues are sliding, mass layoffs are hitting woke publications, and ‘restructurings’ are happening all over. Last month, Authentic Brands Group sent rights holder Arena Group a letter terminating Sports Illustrated’s license after failing to pay a $3.75 million quarterly payment at the end of 2023. In other words, […]

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