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Exclusive: Jonah Peretti explains why he sold BuzzFeed

Decoder with Nilay Patel

Published
May 18, 2026
Duration
1h 10m
Summary source
description
Last updated
Jun 7, 2026

Discusses ai.

Summary

Just days before we spoke, BuzzFeed co-founder and CEO Jonah Peretti agreed to sell the company, which was losing money and at risk of shutting down. Now there’s a new lease on life — and new leadership. Jonah is taking on a new role as president of BuzzFeed AI, and Byron Allen will become CEO of BuzzFeed. That’s obviously a huge structural and organizati…

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Show notes

Just days before we spoke, BuzzFeed co-founder and CEO Jonah Peretti agreed to sell the company, which was losing money and at risk of shutting down. Now there’s a new lease on life — and new leadership. Jonah is taking on a new role as president of BuzzFeed AI, and Byron Allen will become CEO of BuzzFeed. That’s obviously a huge structural and organizational change, and a really big decision — prime Decoder bait if there ever was any. What are digital media companies doing to adapt and survive

Themes

  • ai