Byron Allen, founder, chairman, and CEO of Entertainment Studios and Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.
Allen Media Group owns broadcast stations in more than 20 markets between ABC, CBS and NBC affiliates, according to the group's website.
Representatives for Allen Media Group declined to address the details of this story but said in a statement: "Mr. Allen started Allen Media Group 31 years ago from his dining room table.
Allen Media Group is now one of the largest and fastest growing privately-held media companies in the world and is 100 percent Black-owned.
Allen Media Group remains strong, and we continue to prudently manage our partner relationships as we have always done over our 31-year history," the statement says.
Persons:
Byron Allen, Byron Allen —, Allen, Mr
Organizations:
Entertainment Studios, Allen Media Group, Milken Institute Global Conference, CNBC, ABC, CBS, NBC, NFL, Allen Media
Locations:
Beverly Hills , California, Midwest, Southeast, West Coast, Hawaii