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BuzzFeed's shares jump 130%+ following the deal with Allen Family Digital; BuzzFeed plans to set up BuzzFeed Studios and Tasty as a new independent entity (Sarah Fielding/Fast Company)

Mediagazer · last updated

Sarah Fielding / Fast Company:
BuzzFeed’s shares jump 130%+ following the deal with Allen Family Digital; BuzzFeed plans to set up BuzzFeed Studios and Tasty as a new independent entity  —  Allen will become CEO, while founder Jonah Peretti will transition to a new role.  BuzzFeed shares had been trading at under a dollar for most of 2026.

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