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News

Byron Allen Puts His Local TV Stations Up

The Hollywood Reporter on MSN · 1d
Byron Allen Puts His Local TV Stations Up for Sale
Allen Media Group has hired the investment bank Moelis to market the 28 local stations it owns in an effort to reduce its debt.
Black Enterprise on MSN · 1d
For Sale: Byron Allen Puts Investment Bank In Charge Of Selling Television Stations
A number of Allen’s stations have proven their worth with programming from one of the four major broadcasting networks: ABC, CBS, NBC and Fox.
Blavity on MSN · 2d
Byron Allen Is Selling His 28 Local TV Stations: Here’s Why
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 that include ABC,
1d
WLFI-TV on the block as Allen Media announces sale of company's TV stations
WLFI has laid off many reporters and some of its highest-profile employees since 2024 in an attempt to cut costs.
The Southern Illinoisan
1d
Allen Media Group to sell WSIL, potential buyers unclear
Byron Allen’s Allen Media Group has retained a financial adviser to assist in the sale of all of its 28 television stations ...
2don MSN
Broadcasting company looks to sell 28 TV stations, including two in Alabama
The company was the subject of controversy as it nixed a decision to have The Weather Channel provide local weather coverage.

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