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BuzzFeed Projects Revenue Drop in Q1, Editors Quit

By
Mark Di Stefano
and
Martin Peers
· · Source: The Information

Three of BuzzFeed News top editors, including the publication’s editor-in-chief Mark Schoofs, resigned as the company prepares to make cuts to the news division. Their departures came the same day as BuzzFeed reported its fourth quarter earnings, and projected that its revenue would drop in the first quarter and that it would lose money. Schoofs along with deputy news editor Tom Namako and...

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