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Michael Adedeji · 2020-03-17T00:05:37Z

Have any of you been keeping tabs on Byron Allen? He is the CEO of Entertainment Studios and Allen Media Group. He's been in the news a lot recently, after clashing with Comcast and black professionals in the Cable & Broadcast Industry combating the lack of ownership to now putting a bid on the Broadcaster Tegna Inc. It's important, for someone to know what kind of home you want your works to be associated with. Deals happen all the time, and you could one day be with Home Box Office, Starz, NBC Universal, American Broadcasting Company, Disney and Buena Vista Studios. You never know! Taking a look at Entertainment studios, there may not be much, but with the acquisitions, Mr. Allen is looking to create a home for many productions and take a piece of Hollywood. He seems like an interesting fellow, would keep an eye on his movements in the industry. Who knows, you could have work assc. with Entertainment Studios. Let's, briefly, dive in to what TEGNA is. TEGNA is affiliated with networks like NBC and CBS. It's only 4 years old and has a large market share. They are mostly seen when it comes to broadcast news. TEGNA has about over 60 stations in 51 markets, Mr. Allen has 15 stations in several markets. He's definitely expanding his Arena in his M&A strategy he's been on. Especially allied/ partnered with Sinclair Broadcasting Group. With what Mr. Allen is doing, especially with his bid of 8.5 Billion dollars on TEGNA Inc. He is definitely going after more. Which means observing what his next acquisition or bids to shares, puts him at a chance to garner more advantages for his companies. I hope to see the next property fall under more film production, since TWC (The Weather Channel) and other broadcast news are what he's currently surrounded by. Maybe we'll start breaking ground on movies and television shows for his companies if the opportunity arises. Here's the article, for those wondering what's going on. The last few paragraphs are what will interest you the most on his moves. (Remove the arrows on the ends). &lt I love talking strategic positioning and core competencies by companies, so by all means, hit me up if you want to discuss! I recently graduated Georgia State University with a Business Degree.

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Published on Last updatedAugust 18, 2024March 3, 2020 by

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