Byron Allen to Acquire Majority Stake in BuzzFeed, Become CEO
Media mogul Byron Allen is reportedly in a deal to acquire a majority stake in BuzzFeed for $120 million. As part of the agreement, Allen is expected to become the new Chairman and CEO of the digital media company.
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Byron Allen to Buy a Controlling Stake in BuzzFeed
Jonah Peretti, BuzzFeed’s co-founder, will step down as chief executive and serve as its president of A.I.
By Benjamin Mullin
Read full article →Byron Allen Is Buying BuzzFeed, Will Become CEO
TV and media entrepreneur Byron Allen is taking a majority stake in BuzzFeed — investing $120 million in the digital media company — and will become CEO. BuzzFeed announced it has entered into a transaction agreement with Allen Family Digital, an affiliate of Byron Allen’s family office, under which BuzzFeed will accept a majority investment. […]
By Todd Spangler
Read full article →Byron Allen to Buy BuzzFeed In $120 Million Deal, Will Take Over As CEO
Jonah Peretti is transitioning to work on the company's AI efforts.
By Erik Hayden
Read full article →Byron Allen In Deal To Buy Majority Stake In Buzzfeed For $120 Million, Become Chairman & CEO
Allen Family Digital, an affiliate of Byron Allen’s family office, under has a deal to acquire a majority stake in Buzzfeed with Byron Allen becoming chairman and CEO. Current chief executive and founder Jonah Peretti will transition to a newly created role as president of BuzzFeed AI. Under the terms of the agreement, Allen Family Digital will […]
By Jillg366
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