Technology
Byron Allen taking over as BuzzFeed CEO after buying majority stake for $120M
BuzzFeed, which went public five years ago, has been grappling with a cash crunch.
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Byron Allen
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Latest on Byron Allen
Newest firstConsumer
BuzzFeed sold to Byron Allen, who will take over as CEO in $120m deal
Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with 'significant' cost cuts to come. BuzzFeed, the digital media pioneer that…
Technology
BuzzFeed's fire sale to Byron Allen marks the end of an era
BuzzFeed was supposed to be the future of media. But that future wasn't supposed to be a last-ditch sale.
Consumer
Byron Allen's media group sells 10 local TV stations in $171M deal
Most of the 10 stations going to Gray are located in the south and midwest and will create duopolies across Gray's existing portfolio, which includes 180 local…
Consumer
Verizon claims it got threats from Byron Allen, owner of the Weather Channel, over alleged race discrimination
A Verizon executive claimed the company has been getting threats over alleged race discrimination from Byron Allen - the litigious media mogul who owns the Wea…
Consumer
McDonald's settles Byron Allen's $10B lawsuit alleging chain refused to advertise with black-owned media
McDonald's said it will buy ads "at market value" from Allen's companies "in a manner that aligns with its advertising strategy and commercial objectives."
Byron Allen puts broadcast TV stations up for sale
Byron Allen is putting his 28 broadcast TV stations up for sale in a bid to reduce his company's debt load.
