Since 1993, Entertainment Studios (ES) has been a leading content creator in the entertainment business community. Started by television comedian, producer and entrepreneur, Byron Allen, it has grown from supplying comedic and entertainment news interview programs to now offering over 40 original shows that span a wide range of topics and genres. In the early 2000’s, ES ventured into the lucrative court programming business and, while-at first skeptics questioned Allen’s decision, they quickly realized his foresight. Today, ES produces five court shows for first run syndication and his JUSTICE CENTRAL cable channel. While plunging into the court genre, Byron Allen simultaneously started negotiating with Verizon to launch several new lifestyle cable channels. At that moment, the Entertainment Studios Networks division was born. Today, with the addition of THE WEATHER CHANNEL which Allen acquired in March 2018, ES can boast one of the largest cable network portfolios in the industry, featuring ten, 24-hour HD television networks (THE WEATHER CHANNEL, COMEDY.TV, CARS.TV, ES.TV, JUSTICECENTRAL.TV, MYDESTINATION.TV, PETS.TV, RECIPE.TV, LOCAL NOW, and THE WEATHER CHANNEL EN ESPAÑOL). ES continues to produce and distribute Emmy Award-winning shows, while also selling advertising for some 40 broadcast and cable television programs. This vast library of programs includes AMERICA’S COMEDY GAME SHOW, FUNNY YOU SHOULD ASK and numerous adrenaline-rush reality shows that feature incredible weather event footage. These are produced by Entertainment Studios’ Atlanta-based, EMMY Award winning production teams at THE WEATHER CHANNEL. Entertainment Studios has one of the largest libraries of family and advertiser-friendly lifestyle content in the world, making it a valuable partner for MVPD’s, broadcast and digital companies that it works with. Further distinguishing Entertainment Studios is its status as the first 100% African-American owned multi-platform media studio producing and distributing wide-release motion pictures and content for all platforms. In 2015, Allen purchased Freestyle Releasing, now called Entertainment Studios Motion Pictures, a full-service theatrical movie distribution company. Entertainment Studios Motion Pictures released one of
2017’s highest-grossing independent movie, the shark thriller 47 METERS DOWN.
The digital distribution unit of Entertainment Studios Motion Pictures, Entertainment Studios Digital Media, is a premiere multi-platform distributor with direct partnerships across all major cable, digital and streaming platforms. Capitalizing on a robust infrastructure, proven track record and a veteran sales team, Entertainment Studios Digital Media is a true home for independent films.
In 2016, Entertainment Studios purchased TheGrio, a digital, video-centric news platform devoted to providing compelling entertainment, news and lifestyle content for African-Americans. TheGrio features aggregated and original video packages, news articles, and blogs on topics that include breaking news, politics, health, business, and entertainment and remains focused on curating engaging digital content and currently has more than 20 million annual< visitors.
In 2019, Byron Allen formed ALLEN MEDIA BROADCASTING and began building the broadcast station group which includes four, “BIG 4” stations. In February 2020, Allen Media Broadcasting acquired an additional 11 stations from the purchase of USA TELEVISION. The USA TV portfolio acquisition follows several recent transformative transactions executed by Byron Allen. In August 2019, Mr. Allen personally partnered with Sinclair Broadcast Group to acquire 21 Regional Sports Networks (RSNs) from Walt Disney/FOX Corporation for $10.6 billion. In July 2019, Byron Allen acquired Bayou City Broadcasting, which included 4 television stations in Evansville, IN (WEVV/CBS & WEEV/FOX) and Lafayette, LA (KLAF/NBC & KADN/FOX) for $165 million. In March 2018, Mr. Allen acquired The Weather Channel, one of the most trusted news networks that has served Americans for nearly four decades. After investing $470 million in broadcast television station acquisitions over the past six months, the addition of the USA TV portfolio grows the Allen Media Broadcasting group to 15 television stations across 11 U.S. markets, and allows Allen Media Group to reach an even broader audience, while strategically positioning the company across broadcast television, cable networks, and digital media platforms. Planned for 2022 launch, Entertainment Studios will debut The Weather Channel Español, the first 24-hour Spanish language weather service.
Entertainment Studios is a Global Media, Content & Technology company which continues to grow and build new ways to blend technology and story telling. Its Local Now, an engaging OTT, mobile streaming app that delivers hyper-local weather, traffic and lite-news and a library of television and movie titles. Also, advancing cutting-edge storytelling with its IMR (Immersive Mixed Reality) technology, Byron Allen’s portfolio of companies is constantly finding new and exciting ways to engage its 150+ million subscribers every day.
Entertainment Studios. POWERFUL REVENUE and CONTENT DISTRIBUTION SOLUTIONS.
|Coupons||Maturity||Face Amount (Millions)||ID Number/CUSIP/ISIN|
|10.500%||02-15-2028||$300.0||ZP7715565/ 01771YAA8/ US01771YAA82|
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