Tag: Allen Media Group
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Weather Channel Owner Byron Allen Makes $30 Billion Offer For Paramount
Byron Allen, who made headlines last year with his unsolicited bid to buy key assets from Walt Disney, is at it again with a $30 billion offer to acquire Paramount Global, Allen Media Group confirmed to Cord Cutters News. Allen, whose Allen Media Group owns The Weather Channel, LocalNow, and more than two dozen local…
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How a Comedian Created a Media Empire That’s a Force in Local and Streaming
When Allen Media Group this summer made a $10 billion unsolicited bid to buy Walt Disney’s ABC Network, its affiliates, and cable channels FX and National Geographic, you might have asked: What the heck is Allen Media Group? It’s not an unreasonable question. While Allen Media Group boasts notable assets like several ABC, CBS, NBC,…
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Local Now Adds 5 New Free Channels to Lineup Including Time
Local Now and TIME have partnered to bring its free video channel version of the venerable news magazine to local streaming platform. The TIME channel, which launched in October, joined Local Now’s lineup of free, ad-supported streaming channels on Tuesday. The channel will feature news coverage, profiles, interviews, documentaries and more content from TIME’s premium…
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Allen Media Group CEO: We’re the Best Positioned to Buy ABC From Disney
Byron Allen, CEO of Allen Media Group, believes he’s the right suitor for Disney’s ABC assets because his company is the only one that would pass muster with regulators. “We’re the the best ones to get the deal done,” he said during an interview with CNBC (watch the full interview here). Allen, whose company made…
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Will Disney Sell ABC? Here’s Everything We Know
There appears to be a race to buy the ABC affiliates owned by Disney. Or maybe not? That’s part of the confusion stemming from a flurry of development around those eight stations. Nexstar, which owns a large number of local stations, expressed its interest, while Allen Media Group also put in an even more aggressive…
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Byron Allen’s HBCU GO Announces Mult-Year Agreement to Stream SWAC Sports & Events
The Southwestern Atheltic Conference (SWAC) has found a new streaming home after the conference has agreed to a multi-year partnership with Bryon Allen’s Allen Media Group’s HBCU GO. The deal is set to begin in the fall of 2022, and it will give the free ad-supported streaming platform distribution rights to sports content related to…