Allen Media Group

Allen Media Group (formerly Entertainment Studios, Inc.) is an American media and entertainment company founded in 1993 by comedian and entrepreneur Byron Allen in Los Angeles. Originally focused on producing and distributing first-run television series for syndication, it expanded dramatically in the late 2010s through acquisitions. In 2018, Allen Media Group acquired the Weather Channel television network for approximately $300 million from an NBCUniversal/Bain Capital/Blackstone partnership. The deal covered the cable channel but excluded digital assets (Weather.com was separately sold to IBM in 2016). The company's portfolio also includes Allen Media Broadcasting, TheGrio (Black-focused news and entertainment digital network), and Sports.TV. By 2025, it owned and operated more than 20 local broadcast TV stations.

Allen Media Group is the operating-portfolio parent; the Allen Family Digital LLC entity (the family office vehicle) executed the BuzzFeed asset acquisition separately. The two should not be conflated. In June 2025, Allen Media Group announced it would explore the sale of its 28 owned-and-operated broadcast TV stations; in August 2025, Gray Media agreed to acquire 10 of those stations for $171 million. The company's aggressive acquisition strategy in minority-owned media has made Byron Allen one of the most prominent Black media owners in the United States.