$BZFD On Watch 🚨 🔹 Byron Allen taking a massive 52% stake in BuzzFeed at $3/share in a $120M deal 💰 🔹 Allen set to become Chairman + CEO, with Jonah Peretti

$BZFD On Watch 🚨 🔹 Byron Allen taking a massive 52% stake in BuzzFeed at $3/share in a $120M deal 💰 🔹 Allen set to become Chairman + CEO, with Jonah Peretti shifting to President of BuzzFeed AI 🤖 🔹 IMO this could turn BuzzFeed into the public umbrella for Allen’s media empire — streaming, AI, …