BuzzFeed Cancels $1.3 Million Advertising Deal with RNC Over “Hazardous” Trump
Photo courtesy of GettyJonah Peretti, founder and CEO of BuzzFeed, sent a memo to his company’s staff Monday explaining why he was terminating an advertising deal with the Republican National Committee worth $1.3 million. The money quote:
We certainly don’t like to turn away revenue that funds all the important work we do across the company. However, in some cases we must make business exceptions: we don’t run cigarette ads because they are hazardous to our health, and we won’t accept Trump ads for the exact same reason.
Politico, speaking with a BuzzFeed source, notes that the issue transcends the “wall” (heh) between the editorial and business sides of the company, and that the decision boils down to the workers.
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