By By Scott Deveau, Gerry Smith, and Liana Baker The broadcaster Tegna Inc. has received takeover interest from media mogul Byron Allen and private equity giant Apollo Global Management Inc., according to people familiar with the matter. Allen has teamed up with Ares Management Corp. to offer $23 per share, said one of the...
By Josh Kosman Apollo Global Management teamed with Standard General on Monday to make a binding bid that topped $8 billion for local TV station owner Tegna, sources close to the matter said. Tegna — spun off from newspaper giant Gannett in 2015 as a separate, publicly traded company...
By Raquelle Zuzarte This episode of The Storytelling Revolution shines a light on a change crusader, storytelling master and five-time Emmy Award winner Geraldine Moriba, who has literally harnessed the power of her name to unlock stories of the human condition -- the poignant, the urgent and the uplifting. Moriba...
By Patrick Hipes EXCLUSIVE: Entertainment Studios Motion Pictures has acquired global rights to Ghost Boys, Jewell Parker Rhodes’ 2018 novel for young readers that weaves genres to explore what happens after a Black child is killed by a white police officer. Amy Baer (Last Vegas, Brian Banks, Mary Shelly) and Michael Besman (About Schmidt,...
By Jon Lafayette Exec will represent new app for theGrio Byron Allen’s Allen Media Group said it hired Jocelyn Langevine as VP of advertising sales and client partnerships for theGrio, Allen’s Africa American targeted brand. Langevine, most recently director of integrated marketing and senior director of integrated marketing at...
By Jon Lafayette Allen Media Group now owns 25 TV stations in 19 markets Byron Allen’s media empire continued to expand as Allen Media Group LLC competed its $380 million acquisition of 10 stations from Gray Television. Allen vowed to spend $10 billion buying stations to create one of that largest...
By Jon Lafayette Service now features 345 free channels Byron Allen’s free streaming platform Local Now reached an agreement to add Ski TV to the lineup of channels it carries. Sky TV is an alpine lifestyle and ski/snowboard culture channel based in Amsterdam. "Local Now is on a mission...
[embed]http://www.youtube.com/watch?v=jHofP0n8f9A&t=17s[/embed] By Tim Baysinger TheGrill Focus on Streaming: TV personality and Allen Media Group founder Byron Allen says content is the new gas and oil Byron Allen can see a straight line from the current streaming era to the industrial revolution more than 100 years ago. “What fueled that...
By Dade Hayes Allen Media Group is continuing its run of local TV station acquisitions, paying $70 million to Gray Television for WJRT, an ABC affiliate in Flint-Saginaw, MI. The deal for Byron Allen’s company follows a $380 million pact announced in April for a batch of other stations in a separate arrangement with...
By Brian Steinberg The company behind cable’s ubiquitous Weather Channel outlined plans to launch a new subscription-video service in the fourth quarter that will also serve up news and entertainment content from other sources. Allen Media Group, the company backed by entrepreneur Byron Allen that operates The Weather Channel, said the...
