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I reiterate a Buy rating on BuzzFeed at ~$1.40/share, citing undervalued assets and improved liquidity post-Byron Allen transaction. The market underappreciates BZFD’s $100M promissory note, potential ...
BuzzFeed, Inc. is now a Byron Allen-controlled turnaround play after a complex, mostly non-cash transaction that improved survival odds but diluted shareholders by 52%. Recent financials remain weak: ...
An independent company called Supernatural Health is making a new app. It sounds like good news for Supernatural fans like me. I started with CNET reviewing laptops in 2009. Now I explore wearable ...
Media entrepreneur and stand-up comedian Byron Allen now is the majority owner of BuzzFeed — the struggling digital media player that Allen plans to use to launch a free-streaming platform that he ...
In response, Jonah Peretti, president of BuzzFeed AI, said that Loryn Brantz's "personal opposition to AI cannot determine how BuzzFeed develops IP that it owns." By Carly Thomas Senior Editor, ...
is editor-in-chief of The Verge, host of the Decoder podcast, and co-host of The Vergecast. Today, I’m talking with Jonah Peretti, who is, technically, the CEO of BuzzFeed — although that will be ...
After BuzzFeed announced on Monday that Byron Allen is acquiring a majority stake for $120 million, former employees at the once-high-flying media darling are taking the news hard. Although stock rose ...
Byron Allen has lofty ambitions for BuzzFeed. After announcing a $120 million deal to buy a controlling stake in the once high-flying digital media company, the billionaire media mogul says he can ...
Earlier this week, after years of financial struggles, BuzzFeed got a lifeline. Byron Allen, a media entrepreneur known for making sometimes unsolicited bids on massive companies such as Paramount ...
Twelve years ago BuzzFeed Inc reportedly valued itself at almost $1 billion, scaring off rumored interest from the Walt Disney Company. Fast-forward to this week and BuzzFeed is selling a controlling ...
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