Posted May 23, 2026 at 2:36 PM UTCTTikTokByron Allen apparently wants to turn Buzzfeed into a free streaming TV app.Why? Who knows. But he acquired a majority stake in the outlet. Allen envisions “geofenced” local news and “premium content using AI” (whatever that means) powered by tech from another service he invested in, LocalNow. He also apparently thinks that Johna Peretti is doing a “great job.”Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.Terrence O'Brien
Byron Allen apparently wants to turn Buzzfeed into a free streaming TV app.
Why? Who knows. But he acquired a majority stake in the outlet. Allen envisions “geofenced” local news and “premium content using AI” (whatever that means) powered by tech from another service he invested in, LocalNow. He also apparently thinks that Johna Peretti is doing a “great job.” [Media: https://www.tiktok.com/@bloombergbusiness/video/7642754810743131422?is_from_webapp=1&sender_device=pc]
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