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BuzzFeed Announces $20 Million in New Financing (The New York Times)
BuzzFeed, the social news Web site that was one of the media industry darlings of 2012, began the new year by announcing that it had raised nearly $20 million in new financing from its investors.
Barnes & Noble Retail Revenues Down 10.9% for Holiday Period (GalleyCat)
Barnes & Noble bookstores and BN.com businesses reported revenues of $1.2 billion for the nine week holiday period, a 10.9 percent decrease compared to the same period last year for the retail side of the business.
The Atlantic Will Experiment With Online Pay Models In 2013 (Forbes)
For 2013, The Atlantic has a new goal: to get more readers paying, in some form, for digital-only access to its journalism.