fromBusiness Insider
1 day agoByron Allen wanted to own Paramount. He's buying BuzzFeed instead.
Go back in time to 2016: BuzzFeed, Vice Media, and Vox Media are supposed to be the future of media. Now back to present tense: Vice filed for Chapter 11, Vox is breaking up, and BuzzFeed just sold itself for a fraction of its former value. Meanwhile, many of the companies the digital upstarts were supposed to replace - big publishers and TV companies - are still here.
Media industry