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Bloomberg Wall Street Week - May 12th, 2023

Wall Street Week

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Buzzfeed's Deal With Google for Cash

The New York Times is going out of business and signing a big deal with Google for cash. This week we're struck by the fact that at the same time we have Buzzfeed Going out of business, we have your old shop, New York Times,. What is going on? Well, news is going through a revolution. That was going on. And the revolution's full of surprises. When I got to New York Times in 2012, so just over ten years ago, everyone told me that Buzzfeed was going to become the New York Times. A decade on, the games really changed.

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