Comcast and Warner Bros. Discovery are rearranging their businesses for mergers and acquisitions. Experts say the next year could transform the media industry.
The sale, to a group that includes the show’s host, Sean Evans, and Soros Fund Management, will allow BuzzFeed to pay down tens of millions of dollars in debt.
A hearing is scheduled for Monday to review the auction process, which is being contested by a losing bidder associated with Alex Jones, the Infowars founder.
The satirical news site planned to turn Infowars into a parody of itself, mocking “weird internet personalities” who peddle conspiracy theories and health supplements.