[BUSINESS]■ STORY TIMELINE
BUZZFEED CEO PERETTI SELLS 52% STAKE FOR $120M
Jonah Peretti has agreed to sell a majority stake in BuzzFeed to Byron Allen for $120 million. The deal marks a dramatic downturn for the media company, once valued at $1.6 billion.
The Verge+0m
Today, I’m talking with Jonah Peretti, who is, technically, the CEO of BuzzFeed — although that will be coming to an end…