Embattled BuzzFeed warns end could be near as it faces major cash crunch
Media
BuzzFeed on Thursday flagged going concern doubts and said it will not provide a forecast for 2026 as it evaluates strategic options, sending the digital media company’s shares down 7% after the bell. BuzzFeed has been grappling with a cash crunch as digital advertisers increasingly favor social media platforms such as TikTok and Meta Platforms’ Instagram. Founded by Jonah Peretti and John Johnson in 2006, BuzzFeed built its audience through listicles before expanding into a newsroom to
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