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Record-high audience, record-low revenue, w/Buzzfeed CEO Jonah Peretti

Record-high audience, record-low revenue, w/Buzzfeed CEO Jonah Peretti

Published 6 years, 4 months ago
Description

BuzzFeed audience is at record highs. But the pandemic's economic effects have crushed the bottom line. BuzzFeed co-founder and CEO Jonah Peretti shares how his company is making hard decisions to build long-term stability. “But the transition is painful,” he says. While BuzzFeed is leaning into food vertical Tasty, new e-commerce habits, and BuzzFeed News, he worries that businesses like his don't have more resources to support staffers of color. But, he says, there's a clarity of purpose in crisis, in bearing witness to the things that are happening in the world.

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