When the media mogul Byron Allen took a controlling stake in BuzzFeed in May—becoming its CEO and chairman—it was his latest bold bet in a volatile media landscape. The Allen Media Group founder ...

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BuzzFeed is slashing its workforce on the heels of the digital media company’s deal to sell a controlling ownership stake to entrepreneur and comedian Byron Allen. The company disclosed that it is ...

Two months after Byron Allen closed his purchase of BuzzFeed, the online publisher said it plans to cut a hefty 35% of staff and dedicated contractors across its brands. “The reduction in workforce ...

BuzzFeed will lay off approximately 180 employees across BuzzFeed, HuffPost and Tasty in the first major restructuring since Byron Allen took control of the digital media company earlier this year.

The move marks a major restructuring at the Byron Allen-controlled media company. By Erik Hayden Executive Editor, Business In the first major restructuring move of Byron Allen‘s ownership tenure, ...

CARBONDALE — This week marked 20 years since Ryan Livingston was fatally stabbed on Walnut Street in Carbondale and the police are still seeking information that could lead to an arrest. On July 13, ...

Earlier this week, after years of financial struggles, BuzzFeed got a lifeline. Byron Allen, a media entrepreneur known for making sometimes unsolicited bids on massive companies such as Paramount ...

Twelve years ago BuzzFeed Inc reportedly valued itself at almost $1 billion, scaring off rumored interest from the Walt Disney Company. Fast-forward to this week and BuzzFeed is selling a controlling ...

BuzzFeed said Monday media entrepreneur Byron Allen will take over as the digital media company’s next CEO after he entered into a deal to buy a stake of about 52% in the digital media company for ...

TV and media entrepreneur Byron Allen is acquiring a majority stake in BuzzFeed — investing $120 million in the 20-year-old digital media company — and will become CEO. Allen plans to expand BuzzFeed ...

Jonah Peretti, BuzzFeed’s co-founder 20 years ago, will step down as chief executive and serve as its president of A.I. By Benjamin Mullin Byron Allen, the comedian turned entrepreneur, is buying a ...