Byron Allen's media company is worth billions, but he won't sell it. He sees it as a powerful tool to help not only increase Black issue-oriented programming but also to demand more widespread inclusion in all areas of the business world.
Byron Allen, head of a major media company that includes the Weather Channel, TV stations, cable networks and more, says he sees his company as leverage to affect real change in the way corporate America does business, in an interview with correspondent Lee Cowan for Allen is planning to bid for the Denver Broncos which – if successful – would make him the first Black majority owner of an NFL franchise. He tells Cowan his media company is worth billions, but he won't sell it.
In addition to owning the Weather Channel , the Allen Media Group includes 36 television stations, 12 cable networks, six streaming platforms and several distribution companies."There are kids out there who look like me that, when they see that … it's going to change their perspective of themselves," Allen said of his media empire.
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