https://www.axios.com/2023/04/21/buzzfeed-news-digital-media 

The shuttering of BuzzFeed News after years of painful layoffs and cutbacks represents the end of an era for the digital publishing industry.

Why it matters: Companies like BuzzFeed, Vox Media and Vice Media that rapidly expanded and raised lots of cash at high valuations in the aughts are struggling in a dramatically different media landscape.