Thursday 25 February 2016

FAST COMPANY: How BuzzFeed's Jonah Peretti Is Building A 100-Year Media Company

Magzter Articles:

FAST COMPANY: How BuzzFeed's Jonah Peretti Is Building A 100-Year Media Company

Ask BuzzFeed CEO Jonah Peretti about his influences, and his answer sounds like, well, a BuzzFeed post—one titled “The Three Historical References That Explain BuzzFeed Will Make You Say WTF.” Peretti first points to a company that started more than 100 years ago, Paramount Pictures, which owned a film production studio, its own cast of talent, and its own distribution channel in the form of theaters. “That allowed them to adapt and change as the market changed,” says Peretti.

Peretti’s second fascination is with CNN—how founder Ted Turner ran a 24-hour news operation at a fraction of the cost of what the networks spent, due in part to prescient use of satellite and cable technology

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