Byron Allen is taking a majority stake in BuzzFeed -- investing $120 million in the digital media company -- and will become CEO.

Media Mogul, stand-up comedian, and TV producer Bryon Allen is set to become CEO of Buzzfeed after acquiring it in a $120 million deal. Current BuzzFeed CEO and co-founder Jonah Peretti will ...

Founder Jonah Peretti will transition to work on the firm's AI efforts as the former new media darling sputters as a publicly traded company.

The move with BuzzFeed is one of many major transitions for Allen this year, as his ‘Comics Unleashed’ series will ...

The deal, previously announced on May 11, gives Allen ownership of both BuzzFeed and the Huffington Post, which BuzzFeed acquired ...

Byron Allen is acquiring a majority stake in BuzzFeed for $120 million and taking over as CEO. BuzzFeed said Monday it has entered into a transaction agreement with Allen Family Digital, an affiliate ...

Late-night TV isn't the only takeover Byron Allen's got on the books. In addition to inheriting Stephen Colbert's timeslot on May 22, the media mogul has recently acquired a "majority stake" ...

In May, Allen Media Group announced it would acquire BuzzFeed for $120 million, and Allen would become CEO. Allen succeeds ...

BuzzFeed names Byron Allen as new Chairman and CEO after 120 million deal, shifting focus to AI and streaming as shares surge despite weak results.

Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with ‘significant’ cost cuts to come ...

Byron Allen talks about his $120 million BuzzFeed deal, what he plans to do with it, why he wants to buy Starz, and taking ...

BuzzFeed aims to become a competitor of YouTube as it prepares to sell a majority stake to media mogul Byron Allen. Allen's vision for the struggling digital media company is to expand into free ...