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byron allen

Byron Allen Secures $10 Billion Sports Network Deal

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Byron Allen

In the over crowded race for Disney’s 21 regional sports channels, Byron Allen and Sinclair Broadcast Group have come out on top. As a minority investor in Sinclair, Allen will benefit from the $10.6 billion acquisition as he looks to expand his media entertainment empire. For Disney, will this sale be enough to start paying…

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Byron Allen Buys Weather Channel for $300 Million

in All Posts/Black Money by
byron allen

Media entrepreneur Byron Allen struck a deal to acquire the Weather Channel from Comcast Corp. and private-equity firms Blackstone Group LP and Bain Capital for $300 million. Allen’s Los Angeles-based media company, Entertainment Studios, purchased Weather Group, the parent company of the Weather Channel and Local Now streaming service, for $300 million, according to a…

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