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 ...

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

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.

BuzzFeed was supposed to be the future of media. But that future wasn't supposed to be a last-ditch sale.

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

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

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

UPDATED with deal close: Allen Family Digital, an affiliate of Byron Allen's family office, has closed its deal to acquire to ...

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

Inside the billionaire's plan to mash up BuzzFeed, HuffPost, and Starz into a free-and-paid streaming empire that could shake up Hollywood TV deals.