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

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 ...

Allen's $120M acquisition of BuzzFeed aims to expand into free video streaming, gaming content, and YouTube-scale audiences. Can it revive BuzzFeed's gaming influence?

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

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

The sales of the two companies, just a week apart, mark the end of a digital media experiment.

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 ...

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.