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.

4 months ago
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