25 Jun Funny You Should Ask: Byron Allen Is Ready to Conquer the Movie Business
Byron Allen is always game for a good laugh and an even better business deal.
After purchasing The Weather Channel in March, the Entertainment Studios founder, chairman and CEO is now focusing on becoming a major player in the movie business.
“We’re looking to acquire, we’re looking to produce and we’re looking to really be a major supplier of motion pictures worldwide,” Allen said during an interview at the company’s sound stages in Culver City, Calif.
Among the properties catching his attention are the Landmark Theatres, currently co-owned by Todd Wagner and Mark Cuban. Such a move would provide a distribution opportunity for the theatrical division of Entertainment Studios. While Allen says his company doesn’t need Landmark to meet its goals, the theater chain would be a welcome acquisition.