News

By Jill Goldsmith Byron Allen’s Allen Media Group has sued McDonald’s Corp. for $10 billion in damages, alleging racial discrimination as the high-profile businessman continues to pound big companies for not giving Black-owned media a fair shake as they disburse massive advertising budgets. The lawsuit, filed in Superior Court Of California...

By Jamie L. LaReau After winning commitments from General Motors to do more business, leaders of some Black-owned media organizations now are driving their campaign toward Ford Motor Co. and Stellantis. Media mogul Byron Allen, who owns The Weather Channel among dozens of other TV properties, has asked the two other members...

Veteran Ad Sales Executive to Represent Allen Media Group's Entertainment Studios Syndicated Broadcast Programming Byron Allen's Allen Media Group (AMG) proudly announces the hiring of John Buckholtz to the position of Vice President of Ad Sales for AMG Global Syndication. Buckholtz will focus on advertising sales, brand sponsorships, and revenue partnerships for...

Day One: Tuesday, May 11 2021 Entertainment Studios Networks & Syndication The Weather Channel Local Now Urban Edge Revolt Media Day Two: Wednesday May 12, 2021 Black Enterprise Ebony & Jet Cube Vision Reach TV Madison Management Group / Africa Channel Rolling Out Essence / Afropunk ...

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....

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...

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...

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...