Byron Allen Acquires Majority Stake in BuzzFeed with Plans for Free Streaming TV App

Byron Allen has acquired a majority stake in BuzzFeed, planning to reposition it as a free streaming television app. The strategy includes leveraging geofenced local news and AI-powered premium content through his investment in LocalNow.

By Terrence O'Brien · The Verge · May 23, 2026, 14:36 UTC

Topics: acquisition AI media streaming

Read the full article at The Verge

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