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BuzzFeed

Tuesday, 14 May 2013 | 12:14 PM ET
Media Disruptors: Spotify, Twitter & More
CNBC's Julia Boorstin reveals the media companies disrupting the status quo; and how to play Whole Foods and Google, with the "Fast Money: traders.

What
An online news organization mixing original reporting across a wide variety of subject verticals, and native advertising (sponsored content), in a publishing model focused on social sharing and viral traffic growth.

Disrupting
Traditional publishing models, both print and digital.

Source: Buzzfeed

Headquarters: New York
CEO: Jonah Peretti
Year Founded: 2008
Number of Employees: 250
Funding: $46.3 million
Key Investors: Hearst Ventures, SoftBank Capital, New Enterprise Associates, RRE Ventures and Lerer Ventures

Vital Stats

  • Revenue increased three times from 2011 to 2012
  • Revenue expected to double in 2013
  • Projects profitability in 2013
  • Doubled monthly traffic in past six months (hit 65 million unique visits in April)
  • 60 percent of readers are 18 to 34
  • More than 70 percent of traffic is from social and over half is from mobile
  • Advertisers include GE, GEICO, Virgin Mobile, Sprint, Pepsi, Viacom and YouTube
  • Over 300 years of its video has been watched on YouTube
  • More than 100 million views over 500 total videos
  • Most popular videos: "The Angriest Babies in The Whole World," "What 2,000 Calories Looks Like" and "True Facts About The Angler Fish."


Featured

Contact CNBC Disruptors

  • Email: cnbcdisruptor@nbcuni.com

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  • Travel market disruptors are hooking us, and booking us, with lodging options once out of reach to anyone but the elite.