Byron’s BuzzFeed Mercy Play

Byron’s BuzzFeed Mercy Play

On Monday, after news broke that comedian turned media entrepreneur Byron Allen was buying a majority stake in BuzzFeed and effectively rescuing Jonah Peretti’s erstwhile viral listicle giant from bankruptcy, I began texting bankers, media executives, and even some of Byron’s own Polo Lounge associates to ascertain the rationale behind the acquisition. (I also invited […] The post Byron’s BuzzFeed Mercy Play appeared first on Puck.

Digest: TikTok Launches Ad-Free Tier in UK; Byron Allen Buys BuzzFeed; California County Sues Meta Over Scam Ads

In today’s Digest we cover TikTok introducing an ad-free subscription in the UK and Byron Allen taking over BuzzFeed as CEO in a $120m buyout. We also discuss Meta being sued over scam ads in California. The post Digest: TikTok Launches Ad-Free Tier in UK; Byron Allen Buys BuzzFeed; California County Sues Meta Over Scam Ads appeared first on ExchangeWire.com.