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BuzzFeed sells "Hot Ones" show's parent company First We Feast for $82.5M to new investors.
BuzzFeed has sold First We Feast, the company behind the spicy wing show "Hot Ones," to a group of investors including Chris Schonberger and Sean Evans for $82.5 million.
First We Feast will now operate independently, with Schonberger as CEO and Evans as chief creative officer.
The deal helps BuzzFeed reduce its debt and pivot towards AI-powered media services.
First We Feast plans to expand into new platforms and events.
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BuzzFeed vende la compañía matriz del programa "Hot Ones" First We Feast por $82.5M a nuevos inversores.