# BuzzFeed News is shutting down Source: https://www.thedailybeast.com/buzzfeed-news-is-shutting-down Kiwi News: https://news.kiwistand.com/stories/BuzzFeed-News-is-shutting-down?index=0x64417a28b156c4fa953963df0b9585e499a3d7b6e93fc24e5efe5c64683bb5b05544a23b Submitted by tim on 2023-04-20 UTC, 1 upvote, 0 comments ## Summary BuzzFeed News is shutting down, founder and CEO Jonah Peretti announced in a company-wide memo on Thursday. Peretti wrote that the company is reducing its workforce by approximately 15% across its Business, Content, Tech and Admin teams and beginning the process of closing BuzzFeed News. The article is mostly subscription prompts, so it offers no further details on the closure. ## Article The era-defining media outlet is closing down its once-famed news arm, CEO Jonah Peretti announced. Reuters BuzzFeed News is shutting down, the once-iconic media brand’s founder and CEO Jonah Peretti announced in a company-wide memo on Thursday. “We are reducing our workforce by approximately 15% today across our Business, Content, Tech and Admin teams, and beginning the process of closing BuzzFeed News,” Peretti wrote in the email. Unlock a year of full access to The Daily Beast for $35. First month then $5.99/month Unlimited access (web + app) Exclusive ad-free newsletters Commenting access Daily crossword Sneak peek of launches & events Auto-renews at $5.99 monthly. Cancel anytime First year then $59.99/year Discounted annual rate - Save 47% Unlimited access (web + app) Exclusive ad-free newsletters Commenting access Daily crossword Sneak peek of launches & events Auto-renews at $59.99 yearly. Cancel anytime Best Value First year then $119.99/year Discounted annual rate Full access to the Daily Beast Substack ($60 value)* Premium ad-free reading Unlimited access (web + app) Exclusive ad-free newsletters Commenting access Daily crossword Sneak peek of launches & events Auto-renews at $119.99 yearly. Cancel anytime *Substack access provided by the next business day, using your subscription email. Choosing the Premium plan constitutes your permission to share your subscription email with Substack and your agreement to Substack’s Privacy Policy. Looks like you already have a subscription! Account (completed) Payment (completed) Confirmation (completed) You're all set! Thanks for subscribing. 1Account 2Payment 3Confirmation Sign in or create an account OR Loading subscription options Register below to read this article for free or subscribe to unlock unlimited access to The Daily Beast. First month then $5.99/month Unlimited access (web + app) Exclusive ad-free newsletters Commenting access Daily crossword Sneak peek of launches & events Auto-renews at $5.99 monthly. Cancel anytime First year then $59.99/year Discounted annual rate - Save 47% Unlimited access (web + app) Exclusive ad-free newsletters Commenting access Daily crossword Sneak peek of launches & events Auto-renews at $59.99 yearly. Cancel anytime Best Value First year then $119.99/year Discounted annual rate Full access to the Daily Beast Substack ($60 value)* Premium ad-free reading Unlimited access (web + app) Exclusive ad-free newsletters Commenting access Daily crossword Sneak peek of launches & events Auto-renews at $119.99 yearly. Cancel anytime *Substack access provided by the next business day, using your subscription email. Choosing the Premium plan constitutes your permission to share your subscription email with Substack and your agreement to Substack’s Privacy Policy. Already have an account? Sign In Looks like you already have a subscription! Account (completed) Payment (completed) Confirmation (completed) You're all set! Thanks for subscribing. 1Account 2Payment 3Confirmation Sign in or create an account OR Loading subscription options TRENDING NOW