'Hot Ones' Show Studio Sold by Buzzfeed in 8-Figure Deal, Money Details Revealed!

justjared.com:

Hot Ones is bringing in the big bucks! BuzzFeed announced a deal to sell First We Feast, the studio behind the hit talk show featuring celebrities eating hot sauce-drenched chicken wings, for $82.5 million in cash to a group of investors.

The buyers include First We Feast founder Chris Schonberger and host Sean Evans, podcast media company Crooked Media, Rhett & Link’s Mythical Entertainment and Soros Fund Management, the investment firm founded by billionaire George Soros, via Variety.

First We Feast said additional investors will be announced at a later date. Keep reading to find out more… Hot Ones debuted in 2015, and has over 14 million subscribers on YouTube and 4 billion views to date.

With the sale, First We Feast will become an independent company led by the founder, who will become CEO, and Sean, who is becoming chief creative officer as well as host. “Today’s announcement marks an exciting new chapter in First We Feast’s history,” Chris Schonberger said in a statement. “Being part of this incredible journey has been one of the greatest joys of my life.