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Jonah Peretti

BuzzFeed Discloses $5.3M In Restructuring Fees, Including Layoffs

BuzzFeed brought in $106.8 million in revenue during the second quarter as total time spent by users declined to 154 million hours, representing a 19 percent drop year over year. BuzzFeed CEO Jonah Peretti previously said in May during the company’s earnings call that he expected Q2 revenues to surpass $100 million. Though total revenue […]

BuzzFeed Revenue Rises as Plans to Go Public Stay on Track

BuzzFeed says that its revenue rose by more than 50 percent in Q2 of 2021, reflecting improvements in the advertising and ecommerce spaces. In a revised filing with the SEC, the digital media giant sys that its planned acquisition of Complex Networks from Hearst and Verizon and its planned merger with the SPAC 890 5th […]