There’s one thing that Byron Allen wants to make clear. He says raising capital is easy, the trick is deploying it for a good ...
Founder Jonah Peretti will transition to work on the firm's AI efforts as the former new media darling sputters as a publicly traded company.
Media entrepreneur and stand-up comedian Byron Allen now is the majority owner of BuzzFeed — the struggling digital media ...
BuzzFeed turns into a Byron Allen-led turnaround play amid dilution and liquidity risks. Read why I rate BZFD stock a Hold at ...
BuzzFeed Inc.’s stock soared another 73% on Friday to put it on track for a weekly gain of 283%, as analysts weighed in on news relating to a partnership with Facebook and artificial-intelligence ...
BuzzFeed was supposed to be the future of media. But that future wasn't supposed to be a last-ditch sale.
Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with ‘significant’ cost cuts to come ...
Byron Allen is taking a majority stake in BuzzFeed -- investing $120 million in the digital media company -- and will become CEO.
During a May 19 visit, Allen told employees he wants HuffPost journalists to remain fearless, outspoken and committed to the ...
In response, Jonah Peretti, president of BuzzFeed AI, said that Loryn Brantz's "personal opposition to AI cannot determine ...
The deal, previously announced on May 11, gives Allen ownership of both BuzzFeed and the Huffington Post, which BuzzFeed ...
Inside the billionaire's plan to mash up BuzzFeed, HuffPost, and Starz into a free-and-paid streaming empire that could shake up Hollywood TV deals.