BuzzFeed Preps Major Expansion in Los Angeles

Wall Street Journal: BuzzFeed is eyeing a big expansion in Los Angeles. The rising digital media star is in discussions to lease a century-old former Ford auto factory on the southeastern edge of Los Angeles’ downtown, according to people familiar with the talks. The 250,000-square-foot potential lease suggests large West Coast ambitions for the company, which is hot off a $200 million investment from NBCUniversal that valued it at around $1.5 billion.