BuzzFeed, Inc.

$20M cash plus a $100M promissory note at 5%. Allen becomes CEO and chair; Peretti moves to president of BuzzFeed AI.

Date
2026-05-11
Sector
Content & commerce
Acquirer / investor
Allen Family Digital (Byron Allen)
Deal type
Majority stake
Stake %
52%
Deal value ($M)
120
Implied valuation ($M)
Undisclosed
Value confidence
Disclosed
Status
Closed
Term
Undisclosed
Last verified
2026-09-03

Source: Business Wire

Deal value and implied valuation are separate measures. Blank financial terms are undisclosed; figures are not inferred. Read the methodology.