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Bryon Allen Bids $30 Billion for Paramount – IndieWire

The Weather Channel owner Byron Allen has bid $30 billion for all of Paramount. He'd sell the studio, but keep the linear assets and Paramount+.

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Byron Allen makes $14.3B offer for Paramount Global

Byron Allen makes $14.3B offer for Paramount Global
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Mogul Allen makes bid for Paramount | The Arkansas Democrat-Gazette - Arkansas' Best News Source

Media mogul Byron Allen has extended yet another multibillion-dollar takeover offer -- this time a $14.3 billion bid for film and TV giant Paramount Global, parent of the CBS broadcast network and cable outlets like Nickelodeon.

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Byron Allen's latest takeover bid: Paramount for $14 billion

Byron Allen's latest takeover bid: Paramount for $14 billion
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Allen Media Group acquires seven stations from Gray TV for $380M

Loading the player... Byron Allen is making more mogul moves. His Allen Media Group is set to buy seven stations from Gray TV for $380M, it was announced by both parties on Thursday. Allen Media will acquire the stations as part of a divestment Gray was mandated to do once they acquired the assets of Quincy Media Inc., per Variety. The all-cash deal is for stations KVOA in Tucson, Arizona; WKOW in Madison, Wisconsin; WSIL in Paducah Kentucky; KWWL in Cedar Rapids, Iowa; WXOW in La Crosse, Wisconsin; WAOW in Wasau and Rhinelander Wisconsin; and WREX in Rockford, Illinois. Byron Allen (Getty Images)

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TV mogul Byron Allen, cable giant Charter settle long-running race discrimination lawsuit [Los Angeles Times :: BC-CHARTER-DISCRIMINATION-LAWSUIT:LA]

TV mogul Byron Allen, cable giant Charter settle long-running race discrimination lawsuit [Los Angeles Times :: BC-CHARTER-DISCRIMINATION-LAWSUIT:LA] LOS ANGELES – TV mogul Byron Allen has ended his long-running battle over alleged race discrimination with the nation’s second-largest cable TV provider, Charter Communications. The Los Angeles entrepreneur sued Charter, which operates Spectrum TV and Internet service, and Comcast Corp., alleging that racism was the reason the two massive cable companies had refused to distribute his small TV channels. Allen, who is Black, filed the $20-billion lawsuit in 2015, and the case ultimately reached the U.S. Supreme Court. But the Supreme Court struck down many of Allen’s arguments last year. Allen’s case was legally significant because it relied on the historic Civil Rights Act of 1866. Enacted a year after the Civil War ended, the law mandated that Black citizens “shall have the same right … to make and enforce contracts … as is enjoyed by white citizens.”

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Byron Allen, cable giant Charter race discrimination lawsuit

TV mogul Byron Allen has ended his long-running battle over alleged race discrimination with the nation’s second-largest cable TV provider, Charter Communications. The Los Angeles entrepreneur sued Charter, which operates Spectrum TV and Internet service, and Comcast Corp., alleging that racism was the reason the two massive cable companies had refused to distribute his small TV channels. Allen, who is Black, filed the $20-billion lawsuit in 2015, and the case ultimately reached the U.S. Supreme Court. But the Supreme Court struck down many of Allen’s arguments last year. Allen’s case was legally significant because it relied on the historic Civil Rights Act of 1866. Enacted a year after the Civil War ended, the law mandated that Black citizens “shall have the same right ... to make and enforce contracts ... as is enjoyed by white citizens.”

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