The Guardian Australia – Business
·business
·1 hour ago
BuzzFeed sold to Byron Allen, who will take over as CEO in
BuzzFeed sold to Byron Allen, who will take over as CEO in $120m deal Allen, a media entrepreneur, to replace founder Jonah Peretti as chief executive with ‘significant’ cost cuts to come BuzzFeed , the digital media pioneer that was once valued as high as $1.7bn amid a private equity-funded wave of interest in websites that generated massive amounts.
Summary by Glance · The Guardian Australia – Business
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