Can BuzzFeed Afford to Keep Funding BuzzFeed News?
BuzzFeed appears to be wrestling with the same issue as many other media companies these days: Namely, how do you justify continuing to invest in news when it doesn’t make any money?
Becoming a global news player might have seemed like a worthwhile investment when BuzzFeed was a rapidly-growing digital superstar…
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Correction: BuzzFeed appears to be wrestling with the same issue as many other ONLINE media companies these days. The online media companies are not only not making money, they’re destroying the actual media companies that do have a product that makes money. Change is only good when it is a smart, positive change that corrects or fulfills a need. 24/7 news full of propaganda, lies and addiction consuming all you do online are NOT needed … never were, never will be.