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SHOCKING: Buzzfeed news shutters amid digital media reckoning | Mind Blowing Facts

BuzzFeed BuzzFeed News Jonah Peretti HuffPost Vice Media Facebook Google Insider Internet Vox Media

The shuttering of BuzzFeed News after years of painful layoffs and cutbacks represents the end of an era for the digital publishing industry.

Why it matters: Companies like BuzzFeed, Vox Media and Vice Media that rapidly expanded and raised lots of cash at high valuations in the aughts are struggling in a dramatically different media landscape.

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