Business

Byron Allen Buys BuzzFeed

Updated 2026-05-11 21:15 UTC 1 source Neutral

TV and media entrepreneur Byron Allen is acquiring a majority stake in BuzzFeed for $120 million and will become CEO of the digital media company.

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Variety

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,

2026-05-11 21:03 UTC