Byron Allen takes over BuzzFeed in a bold $120M deal

One of media’s most recognizable personalities is taking the helm at one of digital media’s most storied names. Byron Allen, the 65-year-old founder and CEO of Allen Media Group, is acquiring a majority stake in BuzzFeed for $120 million, the company announced Monday. Allen will assume the roles of chairman and CEO once the deal […] The post Byron Allen takes over BuzzFeed in a bold $120M deal appeared first on Rolling Out.

Byron Allen takes over BuzzFeed in a bold $120M deal

One of media’s most recognizable personalities is taking the helm at one of digital media’s most storied names. Byron Allen, the 65-year-old founder and CEO of Allen Media Group, is acquiring a majority stake in BuzzFeed for $120 million, the company announced Monday. Allen will assume the roles of chairman and CEO once the deal […]

The post Byron Allen takes over BuzzFeed in a bold $120M deal appeared first on Rolling Out.