Who is buying Allen?

Gray Media is buying 10 television stations from Byron Allen's Allen Media Group (AMG) for $171 million, a deal announced in August 2025, expanding Gray's reach into new markets like Columbus-Tupelo, Terre Haute, and West Lafayette, while Allen Media simultaneously bought some stations from Gray in a complex exchange, with both companies aiming for broader media portfolios.

Who is buying Allen Media Group?

In August, Gray announced an agreement to acquire the Block Communications-owned television stations for $80 million and separately announced plans to acquire Allen Media Group-owned stations in 10 markets for $171 million.

What did Byron Allen sue McDonald's for?

Byron Allen sued McDonald's for $10 billion, alleging racial discrimination for excluding Black-owned media from its advertising budget by tiering them into lower-budget categories despite having mass appeal, and for allegedly breaking a 2021 promise to increase spending with Black media to 5%; the lawsuit, which also included a related $100 million case, was settled in June 2025 with confidential terms, but McDonald's agreed to buy ads from Allen's companies at market value.
 

How much is Byron Allen worth in 2025?

Byron Allen's net worth isn't precisely updated for 2025 in these snippets, but recent figures from early 2024 placed him around $735 million, with his private Allen Media Group owning assets like the Weather Channel, though facing significant debt. He's actively expanding his media empire and involved in large lawsuits, potentially impacting his wealth, but a definitive 2025 number isn't available in these search results. 

How many stations does Gray Media own?

Gray owns or operates 180 stations across 113 markets in the United States, ranging from as large as Atlanta, Georgia, to one of the smallest markets, North Platte, Nebraska.

Carl Allen Explains How Anyone Can Buy a Business

Is Byron Allen in debt?

Byron Allen has $100 million in revolving credit due next month and another $840 million in 2027. He's nearly a billion dollars in debt.

Who is richer, Josh Allen or Hailee Steinfeld?

Josh Allen's net worth ($70M+) significantly exceeds Hailee Steinfeld's ($25M), largely due to his massive NFL contract, making their combined wealth around $95-$100 million, though Steinfeld earns substantially from acting, music, and modeling, while Allen earns from his record-breaking Buffalo Bills deal and endorsements.
 

Who is the richest comedian right now?

Top 10 Richest Stand-Up Comedians in the World (2025)

• 💰 1. Kevin Hart. Estimated Net Worth: $500 million+ ...
• 🧠 2. Jerry Seinfeld. Estimated Net Worth: $950 million. ...
• 🎤 3. Dave Chappelle. Estimated Net Worth: $80–$90 million. ...
• 🐉 4. Trevor Noah. ...
• 🔥 5. Ricky Gervais. ...
• 🎙️ 6. Chris Rock. ...
• 🧢 7. Joe Rogan. ...
• 🇬🇧 8. James Corden.

Is Byron Allen a billionaire?

While estimates vary, Byron Allen is widely considered a billionaire media mogul, with his net worth reported around $735 million by Bloomberg in 2024 but other sources putting him at or over $1 billion, driven by his Allen Media Group, which owns The Weather Channel and other significant media assets. Recent deals, like a record-setting Malibu home purchase and a major settlement from his lawsuit against McDonald's, further highlight his immense wealth and business success.
 

How much did the coffee lady get from McDonald's?

The jury found that McDonald's was 80 percent responsible for the incident. Liebeck was awarded a net $160,000 in compensatory damages to cover medical expenses, and $2.7 million (equivalent to $5,700,000 in 2024) in punitive damages.

What is McDonald's McRib meat made of?

The McRib is made from seasoned, boneless pork, specifically restructured ground pork shoulder mixed with water, spices, and preservatives, formed into a rib shape, slathered in BBQ sauce, and served on a bun with pickles and onions. It's not a whole rib or made from premium rib meat, but rather a processed pork patty, which has led to some controversy and even lawsuits over misleading customers about the "rib" in its name, says Fortune.
 

Why did Byron Allen buy the Weather Channel?

Comedian and producer Byron Allen acquired the Weather Channel TV network as he looks to expand his film and TV production company into a major media business. Allen's Entertainment Studios Inc. bought the network from Blackstone Group, Bain Capital and Comcast Corp., according to a statement Thursday.

What 6 corporations own 90% of the media?

The statement "6 media companies control 90%" refers to the consolidation of U.S. media ownership, where a small number of massive corporations (often cited as Disney, Comcast, Warner Bros. Discovery, Paramount Skydance, Fox Corp., and sometimes AT&T or News Corp) own the vast majority of TV networks, film studios, radio, and major print outlets, reducing choices for consumers and influencing information flow, a trend that accelerated after deregulation in the 1990s. 

Are Taylor Swift and Hailee Steinfeld still friends?

Taylor Swift and Hailee Steinfeld are likely still friends, but not as close as during Swift's "1989" era; they show mutual support, with Swift liking Steinfeld's engagement post in late 2024, and Steinfeld expressing fondness for their past times, despite not being seen together frequently due to busy schedules and life changes. While some fans speculate about distance due to their partners (Swift with Travis Kelce, Steinfeld with Josh Allen), signs point to an enduring, though more private, friendship.
 

Who is worth more, Tom Brady or Gisele?

Gisele Bündchen is worth significantly more than Tom Brady, with her net worth estimated at around $400 million compared to his $250-$300 million, largely due to her long reign as the world's highest-paid model, extensive brand deals (Chanel, Victoria's Secret), business ventures, and book sales, while Brady's wealth stems from his NFL career and endorsements.
 

What car does Josh Allen drive?

Allen has never hidden his appreciation for trucks, a nod to his upbringing in Firebaugh, California. His Ford F-150 Raptor, customized in an all-black finish, stands out as one of the most rugged vehicles he owns.

Is Lily Allen richer than David Harbour?

David Harbour is significantly richer than Lily Allen, with his net worth estimated around $6 million compared to Allen's estimated $2 million, largely due to his successful acting career, especially from Stranger Things, while Allen has spoken about recent financial struggles post-divorce.
 

What is Kevin Hart's net worth right now?

As of 2024, Kevin Hart's net worth is estimated to be around $450 million, cementing his status as one of the richest comedians in the world.

How many houses does Byron Allen own?

Allen has residences in Aspen, Maui, Los Angeles, and New York City. In 2022, he bought a two-home compound in Beverly Hills, California from Jeffrey Skoll for $22 million, and a mansion in Malibu, California, previously owned by Tamara Gustavson for $100 million.

Who owns the Big 3 networks?

The three major U.S. broadcast networks—ABC, NBC, and CBS—are owned by different media giants: Disney owns ABC, Comcast owns NBC (via NBCUniversal), and Paramount Global owns CBS, with Fox Corporation owning the fourth major network, Fox, making it a "Big Four" landscape. These large conglomerates own numerous other media assets, including cable channels, streaming services, and film studios, creating significant consolidation in the media industry.
 

What is the best TV brand?

The best TV brands generally fall into premium (LG, Sony, Samsung) and value (TCL, Hisense) tiers, with LG and Sony often leading in OLED quality, Samsung excelling in brightness and features, and TCL/Hisense offering incredible value with advanced tech like Mini LED at lower price points. Your choice depends on budget and priorities, but top models like the Sony Bravia 9 (Mini LED), LG C5 OLED (gaming), and Samsung S95F (QD-OLED) are consistently praised for top-tier performance. 

What was the first black owned TV station?

Before the 1970s, it was rare to watch or read news about Detroit reported by Black journalists. An attorney named William V. Banks changed that when he purchased and launched WGPR-TV – the nation's first Black-owned television station.