The Rise and Fall of BuzzFeed News in the Digital Age.

TL;DR Summary
BuzzFeed's closure of its news operations highlights the perilous dependence of digital media on Big Tech platforms like Facebook and Meta, which control the digital advertising space. BuzzFeed, built for Facebook's algorithm, had tried to balance a world-class news organization on top. However, Facebook's faltering popularity and Meta's declining stranglehold on digital advertising have led to BuzzFeed's downfall. The unregulated power of digital advertising, combined with media organizations making their websites free to access, has created a perfect storm.
- Facebook Made BuzzFeed, Then Killed It WIRED
- The digital graveyard: BuzzFeed News joins sites hanging on in eerie afterlife The Guardian
- How the social traffic that gave life to BuzzFeed News ultimately led to its demise Digiday
- The Inside Story of How Disney’s Attempt to Buy BuzzFeed Fell Apart Vanity Fair
- Digital media industry in an 'in-between moment' amid layoffs says Washington Post Media Reporter Yahoo Finance
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