Democracy Dies in DarknessMediaThe comedian-turned-media mogul wants to compete with YouTube.May 15, 2026 at 6:00 a.m. EDTYesterday at 6:00 a.m. EDTByron Allen hopes to turn the brand that defined 2010s journalism and media into a streaming juggernaut. (Paras Griffin/Getty Images) and 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 turn it into something altogether different: a competitor to YouTube.
Byron Allen wants you to sit back, relax and flip the channel to Buzzfeed
Comedian-turned-media mogul Byron Allen plans to transform the once high-flying outlet into a streaming juggernaut to compete with YouTube.
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