Entertainment

Byron Allen Acquires BuzzFeed, Plans Free-Streaming Platform

Updated 2026-05-27 22:20 UTC 1 source Positive

Media entrepreneur Byron Allen has acquired a majority stake in BuzzFeed. He plans to use the company to launch a free-streaming platform that aims to compete with YouTube. This move is expected to significantly impact the digital media landscape.

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Variety
Media entrepreneur and stand-up comedian Byron Allen now is the majority owner of BuzzFeed — the struggling digital media player that Allen plans to use to launch a free-streaming platform that he imagines will rival video colossus YouTube. “Our vision is to build on the iconic foundation of B
2026-05-27 21:02 UTC
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