Pros
Buzz Media is a rapidly growing company with limited vision. It does offer a lot of entry level opportunities in the media creation area and has a dense and heterogeneous mix of pop culture blogs to gain experience with. It's quite easy to get a lot of responsibility very quickly, it acts like a startup in this way. Compensation is market value and the staff are largely a pleasure to work with.
Cons
Buzz Media has made terrible strategic choices for years and what success it has gained has been in spite of itself. The focus has always been on relentless acquisition of new, popular sites at the cost of developing their existing properties; usually new purchases rapidly lose readership as they are loaded down with ads and starved of original content. A total replacement of the leadership from CEO on down has failed in staunching the blood loss. Buzz constantly hiring to replace experienced team members, who often leave after a couple of years for companies that can offer clear objectives and a stable work environment. The employees who do stick with it for the long term, are frequently and unexpectedly forced out when the strategic situation veers in a new direction. During my time I worked in engineering which was probably the greatest mess of all. There is a flood of ever-changing requirements from the relatively small circle at the top, and projects would consistently be shunted aside or left to die without any resources allocated to them. My co-workers at times seemed simply shell-shocked and grasping desperately to find a way out. The work environment is appalling, as others have described. Frequently the air conditioning and kitchen areas were nonfunctional, even bathrooms are difficult to find free for use. Oddly for an internet company, keeping the internet working seems to be a pretty low priority. If you are trying to concentrate on any task, you'll have at least 40 chatty coworkers within earshot at all times. And if you think you will mitigate the mayhem by working from home instead, forget about it; managers are rabidly hostile to any amount of telecommuting. When hired at first it seemed perhaps there was just a lack of transparency into the decision making at the executive level - eventually it became apparent that the upper leadership has no real interest in input from their staff. Which is too bad, since they are badly misinformed about the situation 'on the ground'. As of the writing of this review Buzz Media has just laid off about 20% of the company, which seems to be yet another attempt to get the 'right' set of drones that will follow the mismanagement lead from corporate without thinking about it too hard. If you do decide to work here, stay away from the Kool-Aid.