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Byron Allen Is Buying BuzzFeed, Will Become CEO

Media mogul Byron Allen is acquiring digital media company BuzzFeed and will become its CEO. The deal marks a new ownership chapter for the once-high-flying digital publisher known for quizzes, listicles, and news content.

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  • Byron Allen is reportedly interested in acquiring BuzzFeed, continuing his pattern of buying struggling media assets at low valuations. The piece examines Allen's track record and what such a deal could mean for the future of BuzzFeed and digital media.