Nick
Joined: 04 Aug 2005 Posts: 2523
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Posted: Thu Mar 22, 2018 6:25 pm Post subject: Weather Channel sold to Entertainment Studios, Inc. |
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http://weathergroup.com/newsroom/2018/03/22/byron-allen-s-entertainment-studios-acquires-weather-channel
BYRON ALLEN�S ENTERTAINMENT STUDIOS ACQUIRES THE WEATHER CHANNEL
Allen�s Purchase of the Number One Weather News Network in America Adds the Iconic Media Brand to His Television Networks Portfolio and Global Media Empire
Los Angeles, CA � March 22, 2018 Entertainment Studios, Inc., (www.es.tv) one of the largest independent producers and distributors of film and television, with 41 shows on the air, and owner of eight 24-hour HD cable television networks reaching nearly 160 million aggregate subscribers nationwide, proudly announces its acquisition of the WEATHER GROUP, parent company of THE WEATHER CHANNEL television network and LOCAL NOW streaming service. Allen purchased the WEATHER GROUP through his company, Allen Media LLC, from The Blackstone Group, Bain Capital, and Comcast/NBCUniversal.
Allen�s expansion into live and local cable news is the latest step Entertainment Studios has taken in further expanding the global reach of its programming and content. The Entertainment Studios divisions now include: broadcast television syndication, production, and distribution of more than 41 programs, eight 24/7 cable television networks, theatrical motion picture production, acquisition and distribution, digital movie acquisition and distribution, and global news publishing � making Entertainment Studios one of the largest privately-held media companies in the world. Entertainment Studios is one hundred percent owned by Byron Allen, who started the company from his dining room table 25 years ago.
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About Entertainment Studios
Chairman and CEO Byron Allen founded Entertainment Studios in 1993. Headquartered in Los Angeles, it has offices in New York, Chicago, Denver, and Raleigh. Entertainment Studios owns eight 24-hour HD cable television networks serving nearly 160 million subscribers: THE WEATHER CHANNEL, PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, and JUSTICE CENTRAL.TV. The company also produces, distributes, and sells advertising for 41 television programs, making it one of the largest independent producers/distributors of first-run syndicated television programming for broadcast television stations. With a library of over 5,000 hours of owned content across multiple genres, Entertainment Studios provides video content to broadcast television stations, cable television networks, mobile devices, multimedia platforms, and the World Wide Web. Our mission is to provide excellent programming to our viewers, online users, and Fortune 500 advertising partners.
I have no idea what those other so-called cable channels are. |
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