BuzzFeed sells 'Hot Ones' creator for $82.5 million to group led by Soros-affiliate
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BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube's popular talk show 'Hot Ones', to a group led by Soros Fund Management affiliate for $82.5 million, as the struggling media company faces a cash crunch. First We Feast will become an independent company led by founder Chris Schonberger as chief executive and 'Hot Ones' host Sean Evans as chief creative officer, while continuing to produce 'Hot Ones' and expand advertising partnerships. BuzzFeed aims to shift focus to high-
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