BuzzFeed is selling Hot Ones
BuzzFeed acquired First We Feast in 2021 when it bought rival media outfit Complex, the production company’s original owner. Though BuzzFeed wound up selling Complex off to Ntwrk earlier this year for $108.6 million, it elected to retain control of First We Feast.
BuzzFeed sells brand behind ‘Hot Ones’ to investor group for $82.5 million
The buyers include an affiliate of Soros Fund Management, progressive podcast company Crooked Media and Mythical Entertainment, the media company founded by the YouTube creators known as Rhett and Link.
BuzzFeed sells ‘Hot Ones’ company in $82.5 million deal
BuzzFeed has sold the studio behind the “Hot Ones” interview show, where celebrities eat spicy wings and answer questions about their careers.
BuzzFeed sells 'Hot Ones' creator for $82.5 mln to group led by Soros-affiliate
BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube's popular talk show 'Hot Ones', to a group led by Soros Fund Management affiliate for $82.5 million, as the struggling media company faces a cash crunch.
Buzzfeed clings to life after selling company behind ‘Hot Ones’ for over $82M
Buzzfeed has sold ‘First We Feast,’ a popular YouTube channel that features the show Hot Ones, for almost $83 million.
BuzzFeed sells brand behind ‘Hot Ones’ to Soros fund affiliate for $82.5 million
BuzzFeed Inc. has sold First We Feast, its food-centered brand behind the popular YouTube interview show Hot Ones, to a group of investors for $82.5 million, ending a months-long search and raising cash to pay down debt.
‘Hot Ones’ Studio Sold by BuzzFeed for $82.5 Million to Soros Fund, Sean Evans and Other Investors
BuzzFeed is selling First We Feast, the studio behind 'Hot Ones,' for $82.5 million to investors including Soros Fund Management and Sean Evans.
BuzzFeed sells 'Hot Ones' creator for $82.5 million to group led by Soros-affiliate
First We Feast will become an independent company led by founder Chris Schonberger as chief executive and 'Hot Ones' host Sean Evans as chief creative officer, while continuing to produce 'Hot Ones' and expand advertising partnerships.
Buzzfeed Sells ‘Hot Ones’ Studio for $82.5 Million to Sean Evans, Crooked Media, Soros Fund and Other Investors
CEO Jonah Peretti called the move part of the company's "strategic transformation" as it pivots more into AI The post Buzzfeed Sells ‘Hot Ones’ Studio for $82.5 Million to Sean Evans, Crooked Media, Soros Fund and Other Investors appeared first on TheWrap.
BuzzFeed Sells ‘Hot Ones’ Owner to Soros Fund Affiliate For $82.5 Million
BuzzFeed Inc. has sold First We Feast, its food-centered brand behind the popular YouTube interview show Hot Ones, to a group of investors for $82.5 million, ending a months-long search and raising cash to pay down debt.
BuzzFeed Strikes Deal to Sell ‘Hot Ones’ Company for $82.5 Million
The sale, to a group that includes the show’s host, Sean Evans, and Soros Fund Management, will allow BuzzFeed to pay down tens of millions of dollars in debt.
BuzzFeed Sells ‘Hot Ones’ Studio For $82.5 Million To Investors Including Soros Fund, Host Sean Evans
BuzzFeed sold First We Feast, the studio best known for producing “Hot Ones,” a popular interview show where celebrities eat ...
“Hot Ones” Host Sean Evans Buys His Own Show from Buzzfeed in $82.5M Deal Ahead of 10th Anniversary: 'The Future Is Spicy'
Buzzfeed reportedly sold the studio for $82.5 million in cash to a group of buyers including Evans, First We Feast founder ...
BuzzFeed completes sale of 'First We Feast' and provides Q4 forecast; shares fall
BuzzFeed (NASDAQ:BZFD) has completed the sale of its food website First We Feast to a consortium led by an affiliate of Soros Fund Management for $82.5M in cash and provided a forecast for the current ...
‘Hot Ones’ Maker Goes Independent in BuzzFeed Exit
Sean Evans and company cut an eight-figure deal, with backing from a consortium including Crooked Media and Soros Fund Management, as First We Feast becomes a self-run multi-platform media company and ...