Reports Q4 revenue $75.7M vs. $101.7M last year. “Three months into 2024, it’s clear BuzzFeed and digital media are at an inflection point,” said Jonah Peretti, CEO. “We’ve restructured our business to focus on our scalable, high-margin, and tech-led revenue streams. We are leveraging AI tools to optimize our owned and operated platforms, accelerate innovation, and make our sites and apps more engaging, more personalized and more rewarding for all. Despite challenges over the past year, I’m optimistic about BuzzFeed’s trajectory in 2024. I believe we have a tremendous opportunity in front of us to build the defining media company for the AI era.”
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