My Publicist Note Book

Byron Allen ‘s privately held Entertainment Studios has purchased Atlanta-based Weather Channel. A once utility-like television standby, the Weather Channel is getting a new owner.  Media mogul Byron Allen has made a deal through his Entertainment Studios to acquire the television network from its owners, The Blackstone Group, Bain Capital and Comcast/NBCUniversal. The terms of the deal weren't disclosed, though one source estimated the deal to be in the $300 million range.  The cable network has been owned by two private equity firms – Bain Capital and the Blackstone Group – and media giant NBC/Universal since 2008. It was purchased at the time for an estimated $3.5 billion. To add a layer of confusion, the owners in 2015 sold off the Weather Channel’s digital assets to IBM for an estimated $2 billion. This means the current purchase doesn’t include weather.com or the Weather Channel app. The cable network now licenses the Weather Channel brand from I...

Forget Tyler Perry And Oprah. Byron Allen Is The Most Successful Black Person In Hollywood… And You've Probably Never Heard His Name. Byron Allen Folks, better known professionally as Byron Allen, is an American comedian and television producer, who founded and is the chairman and chief executive officer of U.S. television production company Entertainment Studios. If you were to ask 10 strangers to name the most powerful African Americans working in Hollywood today, you'd probably hear names like: Oprah Winfrey, Tyler Perry, Will Smith and Denzel Washington.  The name you would probably not hear is " Byron Allen ".   This is pretty insane when you consider that Byron Allen happens to be one of the most powerful and successful producers currently working in the entire entertainment business. He's been 30 shows  running currently on television.  He has a staggering  net worth of $300 million . And yet, even if you were to ...