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Dubai News Club > Tech > Why Jonah Peretti sold BuzzFeed
Tech

Why Jonah Peretti sold BuzzFeed

Press Room
Last updated: 2026/05/18
Press Room
Published: May 18, 2026
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Today, I’m talking with Jonah Peretti, who is, technically, the CEO of BuzzFeed — although that will be coming to an end very soon.

Just days before we spoke, Jonah agreed to sell 52 percent of BuzzFeed for a total of $120 million to Byron Allen, who owns The Weather Channel, a number of broadcast stations, and several other websites. The deal is a bit of a life raft for BuzzFeed — the company was once valued at $1.6 billion dollars, but just last quarter, the company had told investors…

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