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 imagines will rival video colossus YouTube. “Our vision is to build on the iconic foundation of BuzzFeed and HuffPost by expanding into free-streaming […]

Why This Matters

Byron Allen just bought BuzzFeed and is aiming to take on YouTube! 🎥✨

Byron Allen now owns BuzzFeed 🚨 He's got big plans to make it a video streaming giant like YouTube! 💻💻

Key Points

  • 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 imagines will rival video colossus YouTube.
  • “Our vision is to build on the iconic foundation of BuzzFeed and HuffPost by expanding into free-streaming […]

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