The Social Media Era Of News Is Over. It Probably Didn't Happen Soon Enough.

Thoughts on the news industry.

On Thursday, BuzzFeed CEO Jonah Peretti announced that the company is shuttering its news division. Starting in 2012 under the editorship of Ben Smith (then of Politico, now running Semafor), BuzzFeed News never made a profit but it did win lots of journalism awards and became a large part of the digital journalism ecosystem. More people than I can coun…