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BuzzFeed Sees Small Advertising Gain Amid Push Toward AI by Caitlin Huston

Buzzfeed reported total revenue of $47 million for the second quarter, down from $62 million a year ago.  Advertising revenue declined 19 percent year-over-year to reach $23.8 million, with programmatic advertising revenue at $16 million compared to $15.5 million a year ago. Content revenue plunged 48 percent to $11.4 million.  Jonah Peretti, founder and CEO […]

SOURCE: The Hollywood Reporter at 4:33pm on August 12, 2024 ☆ ⚑

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