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Fox News: Buzzfeed sells popular 'Hot Ones' production company to George Soros-led group

Started by riky, Yesterday at 07:01:21 AM

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riky

Buzzfeed sells popular 'Hot Ones' production company to George Soros-led group

Buzzfeed sold the First We Feast media company behind the "Hot Ones" podcast series to an affiliate group of Soros Fund Management on Thursday for $82.5 million.......                    ...                        ...Buzzfeed announced that it officially sold the company behind the "Hot Ones" YouTube show to a You are not allowed to view links. Register or Login affiliate.......In a press release on Thursday, Buzzfeed revealed it closed the sale of the First We Feast media company to a consortium led by an affiliate of Soros Fund Management LLC for $82.5 million. The sale concludes months of efforts to sell the company and You are not allowed to view links. Register or Login......."The sale of First We Feast and continued reduction of our convertible debt marks an important step You are not allowed to view links. Register or Login strategic transformation into a media company positioned to fully benefit from the ongoing AI revolution," BuzzFeed founder and CEO Jonah Peretti said. ......He continued, "In the coming years, we will continue to invest in our most scalable and tech-enabled services, launching new AI-powered interactive experiences, and delivering for our loyal audience and business partners."......You are not allowed to view links. Register or Login......First We Feast is most famously known for producing "Hot Ones," a long-running YouTube talk show where host Sean Evans asks celebrities interview questions in between eating rounds of increasingly spicy chicken wings.......Past guests have included "Gladiator II" star Paul Mescal, pop star Sabrina Carpenter and late-night TV host Jimmy Fallon. The interviews routinely go viral. Evans' interview with celebrity chef Gordon Ramsay currently has over 129 million views.......Harris campaign officials also admitted in November that they attempted to get Vice President You are not allowed to view links. Register or Login, only to be rejected because they were unwilling to get political.......Other buyers in the deal include Mythical Entertainment and Crooked Media, the latter of which was founded by former Obama staffers and You are not allowed to view links. Register or Login from Soros Fund Management in 2022.......First We Feast is expected to keep its management team including founder Chris Schonberger......."What began as a humble food blog has evolved into a powerhouse multi-platform brand," Schonberger said. "With new investment, we're poised to expand into exciting new areas — including new platforms, live events, and talent acquisition — cementing First We Feast as the ultimate destination for pop-culture-obsessed audiences."......You are not allowed to view links. Register or Login......"Hot Ones" is expected to continue with Evans optimistic about the future......."I'm excited to continue hosting 'the show with hot questions, and even hotter wings' for years to come," Evans said. "The future is spicy, and I can't wait to see what's next."......You are not allowed to view links. Register or Login...

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