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BuzzFeed Becomes First Publicly Traded Digital Media Company

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Newly acquired Complex Networks joins BuzzFeed as a combined company now known as BuzzFeed, Inc. and is trading on the Nasdaq. (Photo Credit: BuzzFeed)

BuzzFeed, a digital media company, has become the first publicly traded purely digital media company. BuzzFeed’s common stock and warrants are trading on Nasdaq under the new ticker symbols “BZFD” and “BZFDW,” respectively. Altogether, the BuzzFeed slate of brands now includes BuzzFeed, BuzzFeed News, newly acquired Complex Networks, HuffPost, Tasty and more. 

BuzzFeed, Inc.’s listing comes after the closing of the business combination with 890 5th Avenue Partners, a special-purpose acquisition company, which was completed on Dec. 3. On the same day, BuzzFeed completed its acquisition of global youth entertainment company, Complex Networks. BuzzFeed’s Investor Relations site can be found at Investors.buzzfeed.com

“Today I’m grateful to everyone who helped make BuzzFeed the destination for the best things on the internet: the video creators, the writers, the award-winning journalists, the internet visionaries -- and the most socially engaged, diverse audience the world has ever seen,” says Jonah Peretti, founder and chief executive officer, BuzzFeed.  “Our next chapter as a public company will help BuzzFeed, Inc. become a hub for even more brands and creators, visionary founders and CEOs, high-quality content for the tech platforms and so much more.” 

 

TAGS: BuzzFeed
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