Byron Allen to become BuzzFeed CEO in $120M majority investment deal
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BuzzFeed, Inc. Announces Proposed Majority Stake Investment by Byron Allen’s Family Office
May 11, 2026 4:55 PM EDT
Byron Allen Named Incoming Chairman and Chief Executive Officer of BuzzFeed, Inc.
Jonah Peretti to Transition to President of BuzzFeed AI
Company Also Reports Q1 2026 Financial Results
NEW YORK--(BUSINESS WIRE)-- BuzzFeed, Inc. (BuzzFeed or the Company) (Nasdaq: BZFD) today announced the Company has entered into a transaction agreement with Allen Family Digital, LLC, an affiliate of Byron Allens family office, under which BuzzFeed, Inc. will accept a majority investment from Allen Family Digital,... More
