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Byron Allen Acquires Majority Stake in BuzzFeed in $120 Million Deal.

May 11, 2026 at 11:10 PM

Media mogul Byron Allen has acquired a majority stake in BuzzFeed for $120 million, signaling a major shift in the digital publisher's future as it pivots toward AI-driven streaming and content creation.

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Byron Allen Acquires Majority Stake in BuzzFeed in $120 Million Deal
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