To be fair, I don't think anyone thinks buzzfeed is journalism.
With featured content such as "The 20 Most Australian Hashtags Ever"[1], it's nothing more than light entertainment
[1]: http://www.buzzfeed.com/smwsydney/the-20-most-australian-has...
With featured content such as "The 20 Most Australian Hashtags Ever"[1], it's nothing more than light entertainment
[1]: http://www.buzzfeed.com/smwsydney/the-20-most-australian-has...
[1]: http://www.buzzfeed.com/bensmith/editors-note-an-apology-to-...
A major television network (eg. CBS) airs both in-depth news coverage, trashy reality shows, fictional comedies/dramas, and sports. More and better timeslots go to things other than news, those shows are advertised more, and the most successful non-news shows have more viewers than the nightly news, but the presence of those other shows doesn't mean that it's fair to say CBS doesn't do journalism.