• Thu, December 12, 2024
  • Fri, December 13, 2024

Buzzfeed Sells 'Hot Ones' Studio for $82.5 Million to Sean Evans, Crooked Media, Soros Fund and Other Investors

Buzzfeed is getting out of the hot wings game. The media company has sold First We Feast, the studio behind the viral YouTube series "Hot Ones," to a group of investors that include the production company's founder Chris Schonberger and the host of "Hot Ones" Sean Evans as well as Crooked Media,
BuzzFeed has sold its Hot Ones studio, known for the popular YouTube series where celebrities eat increasingly spicy wings while being interviewed, to a group of investors for $82.5 million. The investors include Sean Evans, the host of Hot Ones, Crooked Media, and the Soros Fund. This sale comes as part of BuzzFeed's broader strategy to divest non-core assets and focus on its core digital media operations. The acquisition will allow the Hot Ones brand to expand its reach and potentially explore new content formats, leveraging the popularity and unique format of the show which has become a cultural phenomenon.

Read the Full MSN Article at:
https://www.msn.com/en-us/entertainment/celebrities/buzzfeed-sells-hot-ones-studio-for-82-5-million-to-sean-evans-crooked-media-soros-fund-and-other-investors/ar-AA1vKaWv

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