All’s not well in the land of BuzzFeed. The digital media company just fired about 100 staffers – roughly 7% of its workforce. The company is also planning some big changes to its monetization efforts, according to an announcement from CEO Jonah Peretti. (Indeed, most of the new layoffs hit BuzzFeed’s ad sales and business operations teams.) In a memo to staff, Peretti indicated that BuzzFeed will now expand its efforts to areas such as e-commerce and programmatic ad sales, as opposed to just native advertising. As part of the reorganization, BuzzFeed President Greg Coleman will vacate his position, though he’ll stay on as an advisor. The company’s drastic new measures aren’t terribly surprising: Earlier this month, the Wall Street Journal reported that the company is on track to fall 15 to 20 percent short of its 2017 revenue projections.
Megan Mullally (Will & Grace) will host the 25th annual Screen Actors Guild Awards January 27 in LA and simulcast live on TNT and TBS. Nominations were announced yesterday, with Netflix grabbing the most noms for the third consecutive year with 15 – almost twice as many as its nearest competitor. Amazon’s Prime Video scored […]
ABC is shuffling its schedule, putting freshman drama series A Million Little Things in a new plum Thursday 9p slot after Grey’s Anatomy for the remainder of the season. Not on the midseason schedule roster for the first time since it debuted is Dancing with the Stars, though it’s expected back in the fall. Instead, […]
On the day that news broke that the NFL is now open to finding a casino/betting partner for the league, the organization announced that 85th NFL Draft will take place in Las Vegas for the first time on April 23-25, 2020. The announcement was made in Dallas at the NFL’s December meeting following a review […]
The NBA is pumping up the holiday spirit with a new NBA Xmas video titled “The NBA Lights Up Christmas Day” that offers a lightshow of the marquee players and games scheduled for Christmas Day. The promotion debuts on Friday during ESPN’s doubleheader between the 76ers/Pacers and the Nuggets/Thunder and showcases players from the five […]
The Overwatch League’s dip into home games is officially on the docket, with the league announcing that three teams will host home games during the 2019 season: Atlanta Reign, Dallas Fuel, and Los Angeles Valiant. The league unveiled its full 2019 season schedule. The move will kick off the weekend in North Texas as the […]