Thursday, April 24, 2014
By Andrea Chang
Los Angeles Times
Jonah Peretti, founder and chief executive of the wildly popular website BuzzFeed, is trying to choose his favorite online video.
BuzzFeed staffers edit video in the newsroom of the website’s Los Angeles headquarters. “Video was a huge missing piece,” CEO Jonah Peretti said. “We wanted to do for video what we did with other kinds of content.”
Photos by Jay L. Clendenin/Los Angeles Times
BuzzFeed Editor-In-Chief Ben Smith, left, President and Chief Operating Officer Jon Steinberg, center, and founder and CEO Jonah Peretti appear in their offices in Los Angeles.
“ ‘Drunk vs. Stoned’ was pretty fun,” he finally says, singling out a BuzzFeed video in which a staffer tests whether it’s easier to function on alcohol or on marijuana by getting really drunk and, on a different night, getting really baked. The three-minute video, featuring side-by-side comparisons of dancing, ball catching, drawing and Lego building, has scored more than 3.1 million views since its debut two months ago.
BuzzFeed itself is riding high these days. “Drunk vs. Stoned” was just the latest monster hit in its arsenal of viral social content, which altogether attracted record traffic of 85 million unique visitors in August, three times the number it had a year earlier. By this time next year, Peretti predicts, BuzzFeed will be one of the world’s most visited websites.
Peretti and BuzzFeed’s staff members, self-described Internet nerds, have an uncanny ability to predict what will blow up online. The Manhattan company measures success not by page views but by shareability – the number of people who like a post enough to pass it on to their friends via Facebook, Twitter, Pinterest and other social media channels.
“We would rather someone get to a post because a friend suggested it to them,” said Doree Shafrir, BuzzFeed’s executive editor. “No one wants to share something crappy because then they look like idiots. We’re very cognizant of that.”
Launched in 2006, BuzzFeed is dominated by lighthearted, frothy fare: the funniest cat GIFs of the week, scandalous Miley Cyrus photos, 19 Reasons Why Pants Are the Enemy.
But Peretti, who also co-founded the Huffington Post, is determined to turn BuzzFeed into more than just a site known for funny lists and has been vocal about his ambitious plans to grow the company into an all-around media juggernaut for the mobile social age.
To do so, the 39-year-old hired Ben Smith from Politico to be BuzzFeed’s editor in chief, beefed up the site’s hard news coverage and invested in long-form journalism. To reach international readers, BuzzFeed on Monday announced that it would add Spanish, French and Portuguese versions of the site.
His latest push: A major video initiative that has brought BuzzFeed, naturally, to Los Angeles, where it has converted a former beauty supply store into a bureau largely devoted to conceiving and producing viral videos. It also leased a smaller production facility a couple of miles away in Hollywood.
“Video was a huge missing piece,” Peretti said during a recent visit to L.A., where he discussed his plans while shuffling a stack of yellow stickers printed with “omg,” “lol” and “cute.” “We wanted to do for video what we did with other kinds of content.”
The video space has seen radical change in the last few years thanks to smartphones and tablets, which enable viewers to watch content online when and where they want.
The massive potential for social mobile video was exemplified last year by “Gangnam Style,” the over-the-top, dance-happy music video by Korean pop star Psy that attained new heights of virality. In December it became the first video to hit 1 billion views on YouTube.
“No media executive said, ‘We’re putting this on at prime time, it’s going to have millions of viewers and it’s going to be the biggest thing,’” Peretti said. “It was people in their offices, people on their mobile phones, seeing it and saying, ‘Oh, I want to share this, I want to pass this around.’ ”
BuzzFeed’s L.A. team, he said, is building the “TV studio and movie studio of the future” by creating original videos to fit these new patterns of media consumption.
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