The Weather Channel is Now Black-Owned — Comedian Byron Allen Just Bought it for $300 Million!

Most people know Byron Allen as a funny comedian, but he is also a successful entrepreneur and media mogul as the CEO/owner of Entertainment Studios, Inc., one of the largest independent producers and distributors of film and television. His Los Angeles-based company currently has 41 shows on the air, and owns eight 24-hour HD cable television networks reaching nearly 160 million aggregate subscribers nationwide. And now, his company is the proud new owner of the Weather Channel! Click here to read more.