BuzzFeed CEO Sees New York Times as Luxury Product

The Atlantic: There will eventually come a day when the New York Times ceases to publish stories on newsprint. Exactly when that day will be is a matter of debate. But rushing to eliminate the Times’s print edition would be a mistake, according to BuzzFeed CEO Jonah Peretti. “Figuring out a way to accelerate that transition would make sense for them. If you discontinue it, you’re going to have your most loyal customers upset with you. I would raise prices and make it into more of a legacy product.”