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BuzzFeed, Inc.
BZFDCommunication ServicesNASDAQUS
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NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. Completes Majority Stake Investment By Byron Allen's Family Office.
Byron Allen, founder, chair and CEO of Allen Media Group, discusses his plans to turn Buzzfeed into a free-TV super app. Speaking with Romaine Bostick on "Bloomberg The Close," Allen also comments on taking over Stephen Colbert's "Late Show" time slot.
Twelve years ago BuzzFeed Inc reportedly valued itself at almost $1 billion, scaring off rumored interest from the Walt Disney Company.
Media entrepreneur Byron Allen is taking over as the CEO of BuzzFeed. Allen will buy a 52% stake in BuzzFeed for $120 billion.
BuzzFeed, which went public five years ago, has been grappling with a cash crunch.
Shares of BuzzFeed were up more than 130% in the extended session after the company said Byron Allen's family office agreed to take a majority stake.
Go back in time to 2016: BuzzFeed, Vice Media, and Vox Media are supposed to be the future of media. Now back to present tense: Vice filed for Chapter 11, Vox is breaking up, and BuzzFeed just sold itself for a fraction of its former value.
BuzzFeed said on Monday media entrepreneur Byron Allen will take over as the digital media company's next CEO after he entered into a deal to buy a stake of about 52% in the digital media company for $120 million.
Allen, whose company Allen Media Group owns The Weather Channel and more than 30 network affiliate broadcast channels, plans to acquire 40 million shares for $3 apiece, BuzzFeed said.
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 Allen's family office, under which BuzzFeed, Inc. will accept a majority investment from Allen Family Digital, LLC. Founder and CEO Jonah Peretti will be succeeded by Byron Allen, who will assume the role of Chairman and Chief Executive Officer upon closing, and Peretti will transition to.
Popular peanut butter and jelly brand J.M. Smucker (NYSE:SJM) hired Goldman Sachs to conduct a strategic review of its portfolio, sources told Axios Pro.
The company was granted an extension until May 18 on a $5 million debt payment after issuing a going-concern warning earlier this year.
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD) today announced that it will now release its first quarter 2026 financial results on Monday, May 11, 2026 after the market closes. The Company previously announced that it would report results on Thursday, May 7, 2026. BuzzFeed Founder and CEO Jonah Peretti and CFO Matt Omer will host a conference call to discuss the results at 5:00 PM ET / 2:00 PM PT. The financial results conference call will be available at investors.buzzfeed.com under.
BuzzFeed (NASDAQ: BZFD - Get Free Report) and Liberty Media Corporation - Liberty Formula One Series C (NASDAQ: FWONK - Get Free Report) are both consumer discretionary companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk. Analyst
NEW YORK--(BUSINESS WIRE)--HuffPost Shopping Crowns The Most Trusted, Problem-Solving Products in Home, Beauty, Wellness, Tech and More.
Thai Randolph's Nile & Co. acquired As/Is and Goodful to help creators and athletes launch their own companies without the burden of constant promotion.
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. to Release First Quarter 2026 Financial Results on Thursday, May 7, 2026.
BuzzFeed, the U.S.-based media company known best for its quizzes, listicles, and, for a time, a Pulitzer Prize-winning journalism division, is reinventing itself for the AI era. At least, that's the pitch.
AUSTIN, Texas--(BUSINESS WIRE)--BuzzFeed Unveils Branch Office, A New Spinoff Company That Has Been Secretly Developing A Slate Of Apps.
An early investor in BuzzFeed blamed the former digital-media darling's decline on its management: “They blew it.”
The digital media compan ythat built its audience through listicles said it may lack sufficient cash to meet its financial obligations over the next 12 months.
BuzzFeed on Thursday flagged going concern doubts and said it will not provide a forecast for 2026 as it evaluates strategic options, sending the digital media company's shares down 7.3% after the bell.
BuzzFeed, Inc. (BZFD) Q4 2025 Earnings Call Prepared Remarks Transcript
The digital media company said it has broadly operated at a loss since its conception and is burdened by legacy commitments.
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc.'s (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) fourth quarter and full year (ended December 31, 2025) financial results were in line with its outlook shared in November. In 2025, BuzzFeed grew programmatic advertising by 7% year over year, expanded its studio business with three feature films, and advanced product innovation in key areas. “We believe there is a gap between the value of our individual assets and our market capitalization that suggests si.
BuzzFeed (NASDAQ: BZFD - Get Free Report) and Atlanta Braves (NASDAQ: BATRK - Get Free Report) are both consumer discretionary companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, risk, valuation and profitability. Profitability This table compares BuzzFeed and Atlanta Braves'
