Meredith exploring sale of TV stations, report says
Meredith may sell its 17 local broadcast TV stations as part of a company-wide shift towards its magazine business.
Allen Media Group (Entertainment Studios) is an American mass media company founded by businessman and comedian Byron Allen. The company operates Allen Media Broadcasting, which owns around three dozen broadcast television stations across the country. Allen Media Group also operates the Weather Channel, The Grio, This TV, ES.TV, Pets.TV, Comedy.TV, Recipe.TV and other digital media brands. The company is based in Los Angeles.
Meredith may sell its 17 local broadcast TV stations as part of a company-wide shift towards its magazine business.
Allen Media Group has signed a deal that will see This TV land on eight Disney-owned ABC local television stations.
Allen Media Broadcasting has acquired Honolulu ABC affiliate KITV for $30 million.
A comedian-turned-television mogul has acquired control of 11 broadcast TV stations, including two in Northern California.