Business

Byron Allen Buys Stake in BuzzFeed and Becomes CEO

Updated 2026-05-12 00:35 UTC 1 source Positive

Media mogul Byron Allen has struck a deal to acquire a controlling stake in BuzzFeed and take on the role of CEO. The move is seen as a significant step for the media entrepreneur.

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Axios

Byron Allen strikes deal to buy controlling stake in BuzzFeed and become CEO

Data: Financial Modeling Prep; Chart: Christine Wang/AxiosByron Allen, a media entrepreneur known for aggressively trying

2026-05-12 00:14 UTC