Allen Media Group founder Byron Allen is selling his local TV stations. The company announced that it has hired investment bank Moelis & Company as it prepares to sell local channels in 21 markets ...

Producer and host Byron Allen has hired Moelis & Co. to find buyers for 28 local TV stations his company owns, in an effort ...

Allen Media Group has hired the investment bank Moelis to market the 28 local stations it owns in an effort to reduce its ...

Allen Media Group has retained a financial adviser to assist in the sale of its television stations in 21 markets, ...

The company was the subject of controversy as it nixed a decision to have The Weather Channel provide local weather coverage.

Producer Byron Allen has hired Moelis to shop local TV stations to potential buyers in an effort to reduce debts. Bloomberg's ...

TUPELO - Seeking to reduce its debt load, Allen Media Group is looking to sell its broadcast TV stations, including WTVA. In a press release Monday, Allen Media Group said it had retained investment ...

Proceeds from any sales would used to reduce the company’s debt, which reports indicate is at about $1.5 billion.

Byron Allen has taken significant steps to sell off his local TV stations, according to multiple sources. The move would help ...

Byron Allen's Allen Media Group (AMG) is looking to sell its 28 network- affiliated television stations across the country, ...

Byron Allen's media company has hired Moelis to find buyers for its local television stations as it looks to significantly reduce its debt.

More office space is now being removed than is being added. That should help the recovery in a real estate sector that was ...