News

10 May Byron Allen-Led Effort To Funnel Ad Dollars To Black-Owned Media Locks Support From A Second Giant Holding Company, GroupM: “This Is The Conversation White America Doesn’t Want To Have”

Posted at 12:03h in News

By Dade Hayes Advertising giants GroupM and Interpublic Group have agreed to invest in Black-owned media companies following more than a year of campaigning by a group led by Byron Allen. GroupM, which is owned by WPP, is one of a handful of major holding companies controlling tens of billions of dollars in advertising....

29 Apr Byron Allen to buy seven TV stations, including Tucson outlet, for $380 million

Posted at 15:15h in News

By Meg James Los Angeles media mogul Byron Allen is expanding his broadcast TV empire with a $380 million cash purchase of seven stations, including outlets in Tucson and Madison, Wis. Atlanta-based Gray Television Inc., struck a deal with Allen’s company because Gray must divest a handful...

29 Apr Byron Allen Buying Stations From Gray for $380 Million

Posted at 15:12h in News

By Jon Lafayette Stations are being divested by Gray TV, which is buying Quincy Byron Allen’s Allen Media Broadcasting has agreed to buy TV stations in seven markets for $380 million, expanding Allen’s growing broadcast holdings. Allen has said he plans to invest $10 billion in broadcast assets. The...

29 Apr Byron Allen’s Allen Media Will Buy 7 Stations From Gray TV for $380 Million

Posted at 15:09h in News

By Brian Steinberg Byron Allen’s Allen Media has agreed to buy seven TV stations from Gray Television Inc. for $380 million in cash, the companies announced Thursday. Gray is divesting the stations as a condition of acquiring the assets of Quincy Media Inc. Allen Media will own and operates...

29 Apr Byron Allen Buys 7 Gray Divestiture TV Stations for $380M

Posted at 15:05h in News

By Etan Vlessing Byron Allen’s Allen Media Broadcasting has acquired seven divestiture TV stations from Gray Television for $380 million. Gray spun the TV stations off as part of a separate deal to acquire Quincy Media for $925 million. The affiliate stations picked up by Allen Media...

29 Apr Byron Allen’s Allen Media Acquires 7 Gray TV Stations For $380M

Posted at 10:30h in News

By Patrick Hypes Gray Television said Thursday that it has sold seven television stations to Byron Allen’s Allen Media Broadcasting for $380 million in cash, part of a divestiture related to Gray’s purchase earlier this year of Quincy Media. The deal expands Allen Media’s portfolio to 23 ABC-NBC-CBS-Fox network...

27 Apr Streaming Market As Big As 4 Billion Devices: Allen Media CEO

Posted at 11:32h in News

Bloomberg Technology Click here to watch Byron Allen's interview on Bloomberg TV Byron Allen, founder, chairman and CEO of Allen Media Group, says online streaming services are 'easily chasing' four billion connected devices worldwide and that the appetite for more content is 'insatiable.' He also talks about...

21 Apr Byron Allen Hails Billion-Dollar Streaming “Gift” Of Local Now And Expands Pattrn, Another Byproduct Of Weather Channel Purchase

Posted at 12:36h in News

By Dade Hayes No part of the media business is more crowded than streaming, with thousands of subscription-based and free services continuing to hit the market. Despite the glut, Byron Allen believes he has two new offerings with something unique to bring to the party. The media executive and Allen...

21 Apr TVNewsCheck WEBINAR: Black-Owned Media Matters | Byron Allen, April Ryan, Butch Graves, Roland Martin

Posted at 12:20h in News

The webinar begins at 00:06:07 [embed]http://youtu.be/fsnslXayh-s[/embed]...

20 Apr Inside Byron Allen’s New ‘Super-Hyper-Local’ Free Streaming Service

Posted at 17:55h in News

By Diane Haithman “Free is everybody’s favorite price,” Allen says of Local Now, streaming premium content plus local news “geo-fenced” to your zip code Following the pandemic surge in paid subscribers for streaming services, media entrepreneur Byron Allen believes the time is right for Local Now, a streaming service that...