BuzzFeed is selling First We Feast, the studio behind 'Hot Ones,' for $82.5 million to investors including Soros Fund Management and Sean Evans.

The buyers include an affiliate of Soros Fund Management, progressive podcast company Crooked Media and Mythical Entertainment, the media company founded by the YouTube creators known as Rhett and Link.

The sale, to a group that includes the show’s host, Sean Evans, and Soros Fund Management, will allow BuzzFeed to pay down tens of millions of dollars in debt.

BuzzFeed Inc. has sold First We Feast, its food-centered brand behind the popular YouTube interview show Hot Ones, to a group of investors for $82.5 million, ending a months-long search and raising cash to pay down debt.

First We Feast, the food and pop culture brand behind the YouTube show, was sold to a group of investors, including “Hot Ones” host Sean Evans, Crooked Media and the Soros Fund.

BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube's popular talk show 'Hot Ones', to a group led by Soros Fund Management affiliate for $82.5 million, as the struggling media company faces a cash crunch.

BuzzFeed sold First We Feast, the studio best known for producing “Hot Ones,” a popular interview show where celebrities eat a series of increasingly spicy chicken wings.

Buzzfeed sold the First We Feast media company behind the “Hot Ones" podcast series to an affiliate group of Soros Fund Management on Thursday for $82.5 million.

BuzzFeed Inc. has sold First We Feast, its food-centered brand behind the popular YouTube interview show Hot Ones, to a group of investors for $82.5 million, ending a months-long search and raising cash to pay down debt.