Byron Allen Ranked in MOGULS Category of Variety500’s Leading Founders/CEOs

Byron Allen


Allen acquired seven stations from Gray Television for $380 million in April 2021, giving his Allen Media Group/Entertainment Studios a total of 23 network affiliates across the U.S. His portfolio also includes 10 24-hour TV networks, including the Weather Channel, along with AVOD services Local Now and The Grio. In 1993, he launched Entertainment Studios and grew it into a media empire that has given him an estimated net worth of $450 million. Allen settled a $10 billion racial discrimination suit against Charter Communications in February 2021 then filed another against McDonald’s that May. Raised by a single mom, he began his career as a comedian at 14, made his debut on Johnny Carson’s “Tonight Show” four years later in 1979 and became one of the hosts of NBC’s “Real People” the following year.

EDUCATION: University of Southern California (CA, USA)


  • 2018 Variety500 Honoree
  • 2019 Variety500 Honoree
  • 2020 Variety500 Honoree
  • Dealmaker’s Impact
  • Inclusion Impact
  • Silicon Valleywood Impact


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