New York Post
US · 2 hrs ago
✦ 78◉ Centre
Byron Allen taking over as BuzzFeed CEO after buying majority stake for $120M
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AI Analysis
Accuracy 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Media entrepreneur Byron Allen has acquired a majority stake in BuzzFeed for $120 million and will become the company's new CEO, following the digital publisher's ongoing financial struggles since its public listing.
Byron Allen taking over as BuzzFeed CEO after buying majority stake for $120M
BuzzFeed, which went public five years ago, has been grappling with a cash crunch.
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