The New York Times broke the news this Sunday that BuzzFeed received $50 million in funding for their Los Angeles-based Motion Pictures arm. Recognizing the massive revenue generated by the company’s video content, BuzzFeed CEO Jonah Peretti hired Ze Frank, “web video pioneer,” to produce a “rapid-fire” stream of everything from “six second clips made for social media to more traditional 22-minute shows” under the new banner. Eventually, the company will look to produce feature-length films and TV series, not unlike Netflix. Another thing BuzzFeed Motion Pictures has in common with the online streaming paradigm is an unsurprising affinity for data science. In […]