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 ...

Media entrepreneur and stand-up comedian Byron Allen now is the majority owner of BuzzFeed — the struggling digital media ...

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.

In response, Jonah Peretti, president of BuzzFeed AI, said that Loryn Brantz's "personal opposition to AI cannot determine ...

BuzzFeed was supposed to be the future of media. But that future wasn't supposed to be a last-ditch sale.

The deal, previously announced on May 11, gives Allen ownership of both BuzzFeed and the Huffington Post, which BuzzFeed ...

Byron Allen is taking a majority stake in BuzzFeed -- investing $120 million in the digital media company -- and will become CEO.

Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with ‘significant’ cost cuts to come ...

During a May 19 visit, Allen told employees he wants HuffPost journalists to remain fearless, outspoken and committed to the ...

After BuzzFeed announced on Monday that Byron Allen is acquiring a majority stake for $120 million, former employees at the once-high-flying media darling are taking the news hard. Although stock rose ...

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.

BuzzFeed seems almost resigned to digital media’s downward spiral. Its ad revenue has been plummeting since going public at the end of 2021. And the outlook hasn’t gotten much better as stiffer ...