News about Byron Allen

As staffers' 'freak out' over boss Bob Iger's 'cold-blooded and unsentimental' proposals, media mogul Byron Allen announced $10 billion for Disney's ABC network and cable channels

www.dailymail.co.uk, September 15, 2023
A spokesperson for Allen revealed on Friday that media mogul Byron Allen has made a $10 billion offer to buy Disney's ABC television network and cable channels, as well as the FX and National Geographic cable channels. It comes as a result of rumors that Disney has also held exploratory discussions about selling ABC to regional TV station operator Nexstar Media, which owns cable news network NewsNation. Everybody is freaking the f*** out,' a CBS staffer told CNN.'

Disney 'is in talks' to sell ABC Network and its local TV stations to broadcaster Nextstar, which owns NewsNation

www.dailymail.co.uk, September 14, 2023
According to various outlets on Thursday, Disney has held exploratory talks about bringing ABC Network and regional TV stations to Nexstar Media Group, the local station operator that owns NewsNation. The talks came after Disney CEO Bob Iger announced in July that the firm might sell some of its traditional TV assets, which have failed for years due to the rise of subscription services. According to two sources, the talks to Reuters were preliminary and did not result in any agreement.

'It's time for BET to be Black-owned again': Diddy expresses interest in purchasing BET

www.dailymail.co.uk, March 16, 2023
Diddy is the first person to express interest in purchasing a majority stake in BET Media Group, joining Tyler Perry and Byron Allen on the short list of Paraphrasedout's prospective buyers. 'It's time for @BET to be Black-owned again so we have the power to tell our own stories, control our own narrative!' On Wednesday, the 53-year-old entertainer and entrepreneur captioned an Instagram post. 'This is not about me it's about WE!!!!'

Vivica A. When attending Byron Allen's Oscar Gala, Fox appears on the red carpet in a stunning gold gown

www.dailymail.co.uk, March 13, 2023
Although the Academy Awards were being handed out in Hollywood's heart, many other celebrities, such as Vivica A. Fox. On the red carpet of Byron Allen's 5th Annual Oscar Gala, held at the Beverly Wilshire Hotel on Sunday evening, the 58-year-old actress was all smiles. The annual gala in Los Angeles benefits Children's Hospital Los Angeles, which also includes several other famous celebrities.

Despite the economic recession, seven mega-mansions that grossed more than $100 million last year sold more than $100,000 last year

www.dailymail.co.uk, January 6, 2023
Despite inflation and a general economic recession in 2022, seven properties remained over the $100 million mark when the mega-mansions were auctioned for a large sum. That number is still down from the eight deals that were nine figures or higher in 2021, while there were 44 sales of over $50 million in 2022, down from 48 years ago. The 44 sales of over $50 million in the United States are still the country's second-highest ever recorded. For example, only 23 homes went for that much money in 2019.

John W Henry, the owner of Liverpool, has emerged as a potential bidder for the Washington Commanders.'

www.dailymail.co.uk, November 9, 2022
According to a story, Liverpool and Boston Red Sox owner John W Henry has emerged as a potential bidder for the Washington Commanders. Fenway Sports Group, a Henry's company, reported on Monday that it is prepared to sell its majority interest in Liverpool. FSG has recruited Goldman Sachs and Morgan Stanley to sell its interest in the Premier League franchise, which is reportedly worth $4-5 billion and is said to be already in negotiations with suitors. If the Reds sells the Reds, FSG can make a move for NFL team Washington Commanders.

After growing up rooting for the team, Nets star Kevin Durant considers a potential suit for NFL's Commanders

www.dailymail.co.uk, November 6, 2022
Kevin Durant, a quarterback for the New York Nets, has joined the list of wealthy potential buyers of the NFL's Washington Commanders, the football team he's rooting for since growing up in the Beltway. I would be a part of it in a perfect world,' Durant told ESPN. I'd love to do it.' I would love to give a little bit of my money to the Commanders, but we'll see. I'm hoping it's someone nice. I heard [Amazon CEO Jeff] Bezos and Jay-Z, but you never know." Durant ranks sixth on Forbes' list of the top-earning celebrities in 2022, with $92.8 million in salary and $50 million in off-court earnings. He now works with Amazon founder Jeff Bezos and rapper Jay-Z, who are among those interested in purchasing the team from troubled owner Dan Snyder. According to ESPN, Bezos and Jay-Z may have put together a joint bid. After being refused by the Denver Broncos earlier this year, Byron Allen is apparently interested in the team.

Byron Allen 'preparing bid for the Washington Commanders' and could become NFL's first black owner

www.dailymail.co.uk, November 3, 2022
Following owner Dan Snyder's decision to investigate the possibility of a trade of the NFL franchise, media mogul Byron Allen is expected to bid for the Washington Commanders. He will become the NFL's first African-American owner if he does buy the team. The troubled Snyder family has recruited Bank of America to'look at potential deals,' Washington revealed yesterday.' It came after years of controversies surrounding everything from the team's name to reports of sexual harassment. It's also unknown if Snyder will sell the entire squad or if he's just looking for a minority partner.

Byron Allen, the billionaire media mogul, has snapped up a $11,000-square-foot Malibu mansion

www.dailymail.co.uk, October 10, 2022
Byron Allen, 61, has bought a mansion overlooking the Pacific Ocean for $100 million, the most an African American in the United States has invested on a house. The 11,000 square foot home in Malibu's highly coveted Paradise Cove enclave sits on a 3.5 acre lot. It boasts a large four bedroom house with patios overlooking the ocean and two small tourist houses, as well as a luscious garden, a designated screening room, a tennis court, and a gym in one of the guest suites. It also has a winding path that allows the homeowner to drive a golf cart or other small vehicle right down to the beach. The home was previously owned by self storage magnate B Wayne Hughes, who bought the property for around $20 million in 2003. In May, Tammy Hughes Gustavson's daughter listed the property for $127.5 million.

Byron Allen, a media mogul, goes forward with a $10 billion race racial discrimination lawsuit against McDonalds

www.dailymail.co.uk, September 22, 2022
McDonald's claims that the company allot only 3 percent of its $1.6 billion advertising budget to black-owned networks, according to media mogul Byron Allen. Allen, the founder of AMG Entertainment Studios and the Weather Group, initially sued McDonald's on similar grounds last December, but the lawsuit was dismissed. Allen said that since AMG Entertainment Studio's inception in 2009, it has attempted unsuccessfully to obtain a McDonald's contract. McDonald denied the charges, and its counsel pointed out that Allen's complaint did not mean the allegations were true.