Buzzfeed's Potential Turnaround Strategy

SOURCE nypost.com
Former GOP presidential candidate Vivek Ramaswamy wants Buzzfeed to hire prominent conservative figures like Bill Maher, Tucker Carlson, Aaron Rodgers, and Charles Barkley to improve the company's performance. Ramaswamy recently disclosed an 8.3% stake in the struggling media company.

Key Points

  • Ramaswamy's demand for a complete re-think of content production at BuzzFeed
  • Promotion of prominent conservative voices in media
  • BuzzFeed's financial challenges and revenue decline

Pros

  • Demand for greater diversity of thought in media
  • Critique of past journalistic failures and call for redefining BuzzFeed's brand
  • Suggested recruitment of prominent conservative media personalities

Cons

  • Resistance from BuzzFeed's current CEO and founder Jonah Peretti
  • Uncertainty surrounding the future of TNT's relationship with the NBA and its impact on Charles Barkley
  • BuzzFeed's ongoing financial struggles and revenue decline