Digital Media

Digital Media

4/24/2019

link

https://www.nytimes.com/2019/02/01/business/media/buzzfeed-digital-media-wrong.html

summary

This article discusses the challenges faced by BuzzFeed, a digital media company known for its viral content and quizzes. It highlights how BuzzFeed's dependence on social media platforms, such as Facebook, for traffic and revenue led to significant setbacks when these platforms changed their algorithm and decreased the visibility of publisher content. The article also mentions the company's struggles to diversify its revenue streams and its failed attempt to go public. It concludes by emphasizing the lessons learned from BuzzFeed's experiences and the need for digital media companies to adapt to the changing landscape of online platforms.

tags

buzzfeed ꞏ digital media ꞏ journalism ꞏ news industry ꞏ media landscape ꞏ news consumption ꞏ online media ꞏ journalism ethics ꞏ media accuracy ꞏ fact-checking ꞏ clickbait ꞏ fake news ꞏ media credibility ꞏ media bias ꞏ misinformation ꞏ media manipulation ꞏ media accountability ꞏ media business ꞏ journalism industry ꞏ online journalism ꞏ media startups ꞏ media sustainability ꞏ media revenue ꞏ media challenges ꞏ media trends ꞏ media impact ꞏ media coverage ꞏ media influencers ꞏ media controversies ꞏ media transparency ꞏ media culture ꞏ media ownership ꞏ media consolidation ꞏ media censorship ꞏ media trust ꞏ media watchdogs ꞏ media responsibility ꞏ media ethics ꞏ media innovation ꞏ media disruption ꞏ media criticism ꞏ media literacy ꞏ media technology ꞏ media platforms ꞏ media regulations ꞏ media economics