Showing 2 results for:

entertainment-studios

All results

2
How Byron Allen Became One Of The Wealthiest Black Men In Entertainment Today

Byron Allen is one of the wealthiest Black men in entertainment today. Despite his multi-million dollar empire, however, he keeps a low profile and maintains a wholesome image. What’s his secret to success? His revenue model is simple, according to The Hollywood Reporter. Unlike most production companies, which charge networks huge fees to license their shows, Allen allows each network to license his shows for free. In exchange for this, Allen keeps the right to sell 50 percent of the advertising directly , which puts a larger chunk of money in his pocket. And because Byron Allen knows firsthand what advertisers will and won’t spend money on, he’s in a unique position to hold them accountable. In 2020, Allen wrapped up a lawsuit against Comcast, whom he accused of racial discrimination.Under the settlement, Allen achieved carriage agreements for three of his cable channels, according to Variety. He has also filed similar suits against AT&T and Charter Communications. Recently, too,...

Eddie Murphy, Chris Rock to Provide Laughter as Medicine for 'Feeding America' Benefit

Comic greats Eddie Murphy and Chris Rock are bringing the funny for a charitable cause. Next month, Murphy and Rock will join Kevin Hart , Tiffany Haddish, and Keenan Thompson for the “Feeding America Comedy Festival.” The brainchild of media mogul Byron Allen, the three-hour special will stream on Comedy.TV and The Weather Channel and free streaming app, Local Now, reports Vibe . The aim of the festival — which is set to be packed with some of the funniest legends in Hollywood — is to help heal the world with laughter and encourage viewers to donate to Feeding America . “In partnership with Feeding America, my comedian friends and all of us at Allen Media Group are pleased to announce this global live-streaming comedy event on May 9th,” Allen said in a statement . “Laughter is often the best medicine, and we are extremely motivated to bring attention to issues of food insecurity, and to assist in providing meals to families across the country who are financially impacted by the...

Apr 27, 2020