Despite skepticism around Byron Allen’s $10 billion bid for Disney’s ABC network and local stations and cable channels FX and National Geographic, the media mogul says finding the capital is “not an issue.”
“I have access to plenty of capital …. there’s trillions of dollars out there looking for a safe place to invest and get it back with a return,” the Allen Media Group chairman said during the 2023 Code Conference on Wednesday. “The real commodity is certainty of close, approval of the deal … not too many people can get that deal approved. That’s the hard part.”
He argued that the current regulatory environment would make it difficult for tech giants to buy Disney’s linear assets and that “Washington D.C. has made it very clear they’re not interested in private equity and hedge funds buying this type of asset.” He added that other media companies...
“I have access to plenty of capital …. there’s trillions of dollars out there looking for a safe place to invest and get it back with a return,” the Allen Media Group chairman said during the 2023 Code Conference on Wednesday. “The real commodity is certainty of close, approval of the deal … not too many people can get that deal approved. That’s the hard part.”
He argued that the current regulatory environment would make it difficult for tech giants to buy Disney’s linear assets and that “Washington D.C. has made it very clear they’re not interested in private equity and hedge funds buying this type of asset.” He added that other media companies...
- 9/27/2023
- by Lucas Manfredi
- The Wrap
Byron Allen’s Entertainment Studios, Inc. has announced that its cable television networks Comedy.TV and Justicecentral.TV will be available on the new streaming service, DirecTV Now, when it launches later this month. The news comes a year after Allen’s Entertainment Studios… Continue Reading →...
- 11/22/2016
- by shadowandact
- ShadowAndAct
Byron Allen’s Entertainment Studios has promoted Eric Peterkofsky to Executive Vice President of Talent & Public Relations, effective immediately. Joining Entertainment Studios in 2007, Peterkofsky has served as a Talent Executive and a Public Relations Coordinator and in his new position will continue to oversee talent relations for all the company’s comedy programming for broadcast television syndication, and for the Es 24/7 HD cable television network, Comedy.TV. In…...
- 9/22/2016
- Deadline
Byron Allen’s Entertainment Studios has a carriage deal with At&T and DirecTV — a little more than a year after it joined in a $10 billion lawsuit that accused the distributors of carrying too few minority-owned services. The telco’s DirecTV picked up Comedy.TV and Justice Central.TV beginning today, the company says in a brief announcement. U-verse will offer Comedy.TV, Recipe.TV, Es.TV, MyDestination.TV, Cars.TV, and Pets.TV — and continue to offer Justice Central. The…...
- 12/28/2015
- Deadline TV
At&T today announced an agreement entered by its subsidiaries Directv, LLC and At&T Services, Inc. with Entertainment Studios to carry the portfolio of Entertainment Studios' seven 24/7, High Definition television networks. Beginning today, Directv will add Comedy.TV and Justice Central.TV. At&T Services U-verse platform will carry Comedy.TV, Recipe.TV, Es.TV, MyDestination.TV, Cars TV, Pets TV and will continue to carry "Justice Central." Founded by Byron Allen in 1993, Entertainment Studios is a fully integrated global media production and distribution company with 7 HD networks, dozens of first-run syndicated shows, over 5,000 hours of HD...
- 12/28/2015
- by Tambay A. Obenson
- ShadowAndAct
A class action suit was filed Friday against Byron Allen’s Entertainment Studios and affiliated entities for breach of contract, unfair business practices and for not paying some employees the wages they say they were due. The lawsuit in L.A. Superior Court was filed on behalf of the class by Bernadette Pauley and Thomas Clark, who say they were among hundreds of actors and comedians who worked for Comics Unleashed Productions on the syndicated show Comics.TV. Story: Byron Allen’s Entertainment Studios Launches Legal Digital Network Pauley says she hosted four episodes of Comedy.TV and that Clark performed as
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- 12/22/2012
- by Alex Ben Block
- The Hollywood Reporter - Movie News
Byron Allen's a busy guy... one of these days, we'll get to chat with him about his many Entertainment Studios endeavors. Los Angeles, Dec. 10, 2012 -- Entertainment Studios, Inc., (www.es.tv) the largest independent producer and distributor of first-run syndicated television programming for broadcast television stations, and owner of seven 24-hour HD television networks (Cars.TV, Comedy.TV, Es.TV, Mydestination.TV, Pets.TV, Recipe.TV and Legacy.TV) proudly announces the launch of its eighth and newest 24-hour HD television network: Justice Central.TV. The new 24/7 HD legal and news cable television network for court proceedings, news, talk, and entertainment programming...
- 12/10/2012
- by Tambay A. Obenson
- ShadowAndAct
Byron Allen‘s Entertainment Studios has launched its eighth first-run syndication network with Justice Central.TV, a legal and news cable channel that will feature court proceedings, news, talk, and entertainment. The 24/7 HD network kicks off today on At&T U-verse. Its original programming include America’s Court With Judge Ross, We The People With Gloria Allred, Justice For All With Judge Christina Perez and Supreme Justice With Judge Karen. Entertainment Studios’ networks include Cars.TV, Comedy.TV, Es.TV, MyDestination.TV, Pets.TV, Recipe.TV and Legacy.TV.
- 12/10/2012
- by THE DEADLINE TEAM
- Deadline TV
According to MarketWatch, Alki David of FilmOn.com has reached a deal with Byron Allen and his Entertainment Studios. The deal between the popular internet television service and the stand-up comedy star’s hit television studio, involves hosting the studios’six most popular channels on FilmOn.com. The channels include Comedy.TV, Pets.TV, Recipe.TV, MyDestination.TV, Cars.TV and Es.TV. Each of these channels are now streamed 24 hours a day, in HD, around the world. The deal between Allen and FilmOn is great news for FilmOn’s growing interactive comedy network, which includes BattlecamTV, the most popular channel on FilmOn.Us. BattlecamTV is an interactive comedy channel which streams Battlecam-hosted stand-up comedy. Battlecam’s channels also offers a platform [ Read More ]...
- 4/23/2012
- by monique
- ShockYa
TV entrepreneur Byron Allen has secured a distribution deal for his Entertainment Studios with Vivicast Media, a company that places content on new media platforms. Allen’s Esn recently announced casting for its White House-set comedy First Family. April 9, 2012 – Los Angeles, CA – Entertainment Studios, Inc., (www.es.tv) the largest independent producer and distributor of first-run syndicate television programming for broadcast television stations, and owner of seven 24-hour linear HD television networks (Cars.TV, Comedy.TV, Es.TV, Mydestination.TV, Pets.TV, Recipe.TV and Legacy.TV) proudly announces the global affiliation agreement for six of its 24-hour HD cable networks with Vivicast Media (www.vivicast.com). This landmark agreement allows for licensing of Entertainment Studios Networks six HD cable television networks to Vivicast Media’s partners. The Entertainment Studios 24-hour HD networks are global in scope and provide multi-platform content. “Our goal and commitment has always been to make our HD networks the very best in their categories,...
- 4/9/2012
- by THE DEADLINE TEAM
- Deadline TV
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