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Allen Buys BuzzFeed

B
Benzinga

151 Views • May 12, 2026

Description

Byron Allen agreed to buy a 52% stake in BuzzFeed for $120 million, taking over as CEO while Jonah Peretti shifts to president of BuzzFeed AI.

Keywords & Tags

#Bloomberg #Buzzfeed #digital media #Jonah Peretti #advertising sales #Byron Allen #BZFD #media stocks #BuzzFeed AI #The Weather Channel

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