Published On: Mon, Jan 18th, 2016

Former BuzzFeed COO Jon Steinberg Hires Yahoo Exec for His Online News Startup

2013 Adweek Hot List Gala

 

Former BuzzFeed operating chief Jon Steinberg is working on a video news startup. And he’s made his first hire: Peter Gorenstein, a former executive at Yahoo’s in-house production company

Industry sources say Steinberg, who helped BuzzFeed grow from a couple dozen people into one of the Web’s most important publishers, has been telling people he wants to create a new video company focused on business and finance news for millennials.

Steinberg told Re/code he hadn’t settled on a focus yet, or raised any money. But he said he sees a clear opportunity for a live news channel developed with the younger generation in mind — something traditional video news sites haven’t succeeded at.

Read the full story at Re/Code, by Ina Fried

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