Media mogul Byron Allen cuts 180 BuzzFeed jobs to save $32 million a year
Byron Allen is cutting 35% of BuzzFeed's workforce, about 180 roles across BuzzFeed, HuffPost and Tasty, to save up to $32 million annually.
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Byron Allen is cutting 35% of BuzzFeed's workforce, about 180 roles across BuzzFeed, HuffPost and Tasty, to save up to $32 million annually.
Byron Allen is cutting more than a dozen jobs at HuffPost, weeks after buying a $91 million Aspen estate and months after taking control of BuzzFeed.
Media mogul Byron Allen donated $100,000 to the family of Nolan Wells, joining Tyler Perry and Colin Kaepernick in supporting the grieving family.
Byron Allen's Freestyle Digital Media has acquired VOD rights to mystery thriller The Third Degree for release across North American digital platforms on July 10, 2026.
Byron Allen turned a teenager's punchlines on Johnny Carson into a $1 billion empire spanning broadcast TV, digital media and some of corporate America's most contentious courtrooms.
Byron Allen's real estate portfolio stretches from a $100 million Malibu clifftop estate to beachfront Maui and a Beverly Hills mega-compound built from neighboring lots.
Byron Allen's Comics Unleashed drew 628,000 viewers on CBS on June 1, down 65% from Stephen Colbert's average, but Allen says he is not fazed.
Byron Allen has paid $91.3 million for a mountain home in Aspen, Colorado, returning to the ski resort town two years after selling his previous property.
Byron Allen has seized Stephen Colbert's CBS late-night slot and acquired BuzzFeed in a bold media expansion that caps decades of building Black-owned broadcast infrastructure.
Byron Allen acquired 10.7 percent of Starz for $25 million and says the network's poison pill defense will not stop him from buying the entire company.
Byron Allen's Allen Media Group closed a $171 million broadcast station sale to Gray Media and locked in a new YouTube TV carriage deal in a single week.
The move comes after Allen’s aggressive expansion, spending over $1 billion acquiring network-affiliated stations in smaller U.S. markets.
The proposal, which marks Allen’s latest play to bolster his media holdings, is expected to be financed through a combination of secured and unsecured senior debt and equity.
In a scathing critique of Paramount’s decision, Allen accused the conglomerate of orchestrating a “lowball inside deal.”
Allen’s media dominance built on varied, successful company foundations.
Discover Allen’s extraordinary journey from a budding comedian to a renowned media mogul.