How Byron Allen plans to turn BuzzFeed into a YouTube rival

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 explains his strategy for BuzzFeed, why YouTube and Netflix aren’t untouchable in the streaming wars, and why race matters in media ownership. (Editor’s note: This interview was recorded before BuzzFeed announced layoffs for 35% of its staff on July 27, 2026.) This is an abridged transcript of an…