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Byron Allen to Acquire Majority Stake in BuzzFeed for $120 Million

Allen will become CEO, while founder Jonah Peretti will transition to role as president of BuzzFeed...

BUSINESS NEWS May 11, 2026

Byron Allen to Acquire Majority Stake in BuzzFeed for $120 Million

Allen will become CEO, while founder Jonah Peretti will transition to role as president of BuzzFeed AI.

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Allen will become CEO, while founder Jonah Peretti will transition to role as president of BuzzFeed AI.

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