BuzzFeed Investor Day Presentation Deck slide image

BuzzFeed Investor Day Presentation Deck

BuzzFeed Inc. WE HAVE MADE STRATEGIC AND ORGANIZATIONAL CHANGES TO THE BUSINESS IN ORDER TO UNLOCK THE FULL MONETIZATION POTENTIAL OF OUR COMBINED BRAND PORTFOLIO AND COMPETITIVE ADVANTAGES Realigned sales team for speed and efficiency Developed portfolio-wide GTM strategy Increased audience engagement around new platforms and formats ACCELERATE REVENUE GROWTH Reduced content creation cost structure, aligning to platforms and formats driving growth Leaning into Creators and Al to rapidly expand content output without adding fixed costs Begin closure of BuzzFeed News EXPAND MARGINS AND PROFITABILITY 25%+ headcount reduction driving lower cash compensation structure Reduced real estate footprint Streamlined operating expenses across our S&M, R&D and G&A cost structures GENERATE CASH FLOW
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