Byron Allen buying a majority stake in BuzzFeed is bigger than a business headline. [JPcxGpiYcYH]
It’s a lesson in ownership, media power, distribution, advertising, and narrative control. BuzzFeed was once one of the most influential digital media companies in America. Now Byron Allen is stepping in with a deal that could give his family office majority control of the company. The lesson for us? Black people cannot afford to only be the audience. We have to understand who owns the platforms, who controls the story, who profits from our attention, and how media power actually works. That’s the kind of conversation we’re having inside Sankofa Circle. Comment CIRCLE if you want to go deeper.