TV and Media Entrepreneur Byron Allen is buying Buzzfeed. Allen will become the CEO after spending $120-million to acquire 52% of the digital platform’s outstanding shares. The deal is expected to ...
Late-night isn't the only takeover Byron Allen's got on the books. In addition to inheriting Stephen Colbert's timeslot on ...
Entrepreneur Byron Allen is buying a controlling stake in BuzzFeed, the company that was a pioneer in digital media on the ...
The final episode of The Late Show with Stephen Colbert airs on May 21 at 11:35 p.m. ET. Colbert has not revealed what his ...
BuzzFeed (BZFD) jumps over 120% as Byron Allen acquires majority stake; Allen to become Chairman and CEO, Peretti to lead ...
Byron Allen's scooping up BuzzFeed for $120 million and taking over as CEO while founder Jonah Peretti shifts to AI.
Byron Allen's media company, Allen Family Digital, is buying a 52% controlling stake in BuzzFeed for $120 million.
Less than two weeks after Allen Media Group closed on the sale of a group of broadcast television stations to Gray Media for ...
Byron Allen is acquiring a majority stake in BuzzFeed for $120 million and will assume the roles of chairman and CEO upon ...
BuzzFeed is a New York-based digital media company best known for its viral content, entertainment journalism and social-first publishing strategy.
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Byron Allen to acquire 52% of BuzzFeed for $120M
Majority stake deal: Byron Allen will purchase 40 million BuzzFeed shares at $3 each, a 265.9% premium, giving him control of 52% of the company. Leadership transition: Founder Jonah Peretti will step ...
"Today marks an important milestone for BuzzFeed" as the company "entered into a transaction agreement" and Jonah Peretti said he wants to "welcome Byron Allen, who will become Chairman and Chief ...
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