BuzzFeed completes majority stake investment by Byron Allen's family office
Byron Allen becomes Chairman and CEO; Jonah Peretti moves to President of BuzzFeed AI, with plans for free streaming and AI-powered media.
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In short: BuzzFeed completed a majority stake investment deal with Byron Allen's family office, resulting in a leadership transition and new strategic focus.
Byron Allen becomes Chairman and CEO; Jonah Peretti moves to President of BuzzFeed AI, with plans for free streaming and AI-powered media.
Byron Allen will become Chairman and CEO, Jonah Peretti moves to President of BuzzFeed AI.
Revenue declined 2.4% to $185.3 million, while Adjusted EBITDA improved 61.4% to $8.8 million.
The call with CEO and CFO will be on March 12, 2026 after market close.
If you encounter technical difficulties during the meeting, a support line is available on the login page of the virtual meeting website, or you may...
Author and illustrator Loryn Brantz never imagined that a popular cartoon character she created almost a decade ago would one day be the subject of...
(Photo by Jason Mendez/Getty Images for Tribeca Festival) The deal, previously announced on May 11,...
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