Media entrepreneur and stand-up comedian Byron Allen now is the majority owner of BuzzFeed — the struggling digital media ...

In response, Jonah Peretti, president of BuzzFeed AI, said that Loryn Brantz's "personal opposition to AI cannot determine ...

There’s one thing that Byron Allen wants to make clear. He says raising capital is easy, the trick is deploying it for a good ...

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

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

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 sales of the two companies, just a week apart, mark the end of a digital media experiment.

After BuzzFeed announced on Monday that Byron Allen is acquiring a majority stake for $120M, former employees are taking the news hard, at the once high-flying media darling.

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

During a May 19 visit, Allen told employees he wants HuffPost journalists to remain fearless, outspoken and committed to the ...