HuffPost is a US news aggregator and blog, formerly known as The Huffington Post until 2017. The site, sometimes abbreviated further as HuffPo, was acquired by Verizon…
In an official statement, Verizon Media revealed on Thursday that BuzzFeed Inc. has agreed to acquire HuffPost in a stock deal, a decision expected to boost the growth of both digital media outlets. The new acquisition is part of a larger deal between BuzzFeed and Verizon Media. Under the larger deal, the companies will syndicate content on their platforms and seek joint advertising opportunities as the deal will allow BuzzFeed to tap into Verizon Media’s ad platforms. As part of the agreement, HuffPost will also contribute to Verizon Media’s portfolio as an official partner, joining other partners, including The New York Times, USA Today, Associated Press, and Reuters.
