BuzzFeed will buy the HuffPost online news service from Verizon Communications, marking the latest shake-up for new-media publishers.
BuzzFeed and Verizon’s media arm also agreed to syndicate each other’s content in a broader partnership, the companies said in a statement on Thursday. As part of the deal, Verizon is acquiring a minority stake in BuzzFeed, which will use the telecoms giant’s advertising platform to reach more customers. Specific terms were not disclosed...
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