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Allen Media Broadcasting

Full company profile

uuid00snoex

Namestring
Allen Media Broadcasting
Legal namestring
Allen Media, LLC
Company typeenum
Private
Founded yearint
1993
Descriptiontext

Allen Media Broadcasting (AMB) operates a network of 12 regional broadcast television stations affiliated with ABC, NBC, and CBS across the United States, serving markets in Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California. Each station delivers local news, weather, sports, and entertainment programming alongside network-supplied content, and maintains its own digital presence via station websites, mobile applications, and social media channels. The company describes its mission as building "big four" affiliated broadcast stations that stay connected to local markets. AMB is a division of Entertainment Studios/Allen Media Group, a privately held media conglomerate founded by Byron Allen in 1993 and headquartered at 300 Interstate North Pkwy SE in Atlanta, Georgia; the corporate family also owns nine 24-hour HD television networks (including The Weather Channel) and produces, distributes, and sells advertising for 64 first-run syndicated television programs.

The company's core product is local broadcast television with associated digital and streaming capabilities. Underlying technology consists of over-the-air broadcast television infrastructure, station-level websites and apps, and OTT distribution integrations spanning Roku, Apple TV, Android TV, Tizen, Vizio, Amazon Fire TV, Comcast, Verizon, and Hisense. Analytics tooling includes Google Analytics and Adobe Analytics for audience measurement. No public-facing API, developer platform, or proprietary technology stack is disclosed; content syndication and cross-platform reach are the principal technical differentiators.

AMB's business model is advertising-driven. Revenue is generated by selling broadcast spot advertising and cross-platform digital advertising — including television spots, station website, app, social, and streaming placements — to local and regional businesses and agencies. Pricing is quote-based, varying by market, time slot, program, and audience reach, and is not publicly disclosed. Go-to-market is sales-led, executed by station-level account executives managing local advertiser relationships and new business development. The company's primary revenue stream is classified as television advertising sales.

Short descriptiontext

Allen Media Broadcasting operates 12 ABC, NBC, and CBS affiliated local television stations across Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California, selling broadcast and digital advertising to local businesses while operating as a division of Byron Allen's Allen Media Group.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersAtlanta, United States
HQ citystring
Atlanta
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices14 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
local broadcast television, television advertising sales, network affiliate stations, broadcast media operations, local news broadcasting
Industry2 codes
1Local News & Weather Stations
CodeMPABACAJPrimaryYes
2News OTT & Live News Streaming Channels
CodeMPABAHAKPrimaryNo
NAICS code2 codes
  • Television Broadcasting Stations51612
  • Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers5162
SIC code1 code
  • Television Broadcasting Stations4833
Product category
Broadcast Television
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Television Advertising Sales
TypeAdvertising
Description

Revenue generated from selling advertising time on broadcast television stations to local and regional businesses. Includes traditional spot advertising, sponsored content, and digital advertising solutions across station websites and apps.

allenmediabroadcasting.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1Action News Now
Description

Local broadcast news brand for KHSL-TV, KNVN-TV, CW, and Telemundo in the Chico-Redding DMA

allenmediabroadcasting.com
Core offering1 text field

Allen Media Broadcasting operates 13+ local broadcast television stations affiliated with the ABC, NBC, and CBS networks across diverse U.S. markets (Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, California), delivering local news, weather, sports, and entertainment programming. The company sells broadcast television airtime and digital advertising inventory to local and regional businesses and advertising agencies through station-level account executives. Beyond local broadcast, the broader Allen Media Group portfolio includes nine 24-hour HD networks (notably The Weather Channel) and 64 syndicated television programs.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Allen Media Broadcasting operates a network of regional broadcast television stations affiliated with ABC, NBC, and CBS networks across multiple U.S. markets. The company's core product is local television broadcasting, providing news, weather, sports, and entertainment content through 12 stations in states including Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California. Under the parent company Entertainment Studios/Allen Media Group, the portfolio extends to nine 24-hour HD television networks including The Weather Channel, and digital streaming platforms such as Local Now, Pattrn, Sports.TV, The Grio, and HB-CU Go. The company also distributes 64 television programs, making it one of the largest independent producers/distributors of first-run syndicated television programming.

Product and service2 records
1Local Television Stations (KEZI, KDRV, KITV, WAOW, WKOW, WXOW, KWWL, WJRT, KIMT, WQOW, KVOA, KHSL)
CategoryBroadcast Television
Description

Regional broadcast television stations affiliated with ABC, NBC, and CBS networks, providing local news, weather, sports, and entertainment programming to markets across the United States including Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California.

2Broadcast and Digital Advertising Solutions
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeOthers
Description

Multiple AMB stations are ABC affiliates including KEZI, KDRV, WAOW, WKOW, WXOW, WQOW, WJRT, KHSL. Network provides programming and brand association.

Strategic tierCoreTypeOthers
Description

KVOA (Tucson) and KWWL (Waterloo) are NBC affiliates. Network provides programming and brand association.

Strategic tierCoreTypeOthers
Description

KIMT (Rochester) and KHSL (Chico) are CBS affiliates. Network provides programming and brand association.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Cable provider distributing AMB station content to subscribers.

Strategic tierMinorTypeChannel Partner/ Reseller/ Distributor
Description

Telecommunications provider distributing AMB content through Verizon FiOS and mobile platforms.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeOthers
Description

Weather Group Television is a sister company within Allen Media Group, operating The Weather Channel cable network. While not a direct broadcast competitor, it shares parent ownership and content infrastructure with AMB, making it a strategic peer for evaluating the broader AMG broadcasting ecosystem.

TypeDirect peer
Description

Cordillera is a privately held operator of 9 ABC, NBC, and CBS affiliates in mid-sized US markets. Closest private-market comp to Allen Media Broadcasting by portfolio size and affiliate mix.

TypeBroad incumbent
Description

Fox Corporation owns the Fox Network and operates its owned-and-operated stations plus Tubi. While not a direct small-market affiliate competitor, Fox is an adjacent broadcast TV powerhouse that competes for the same political and national ad budgets that AMB monetizes.

TypeDirect peer
Description

Nexstar is the largest US television broadcaster with ~200 stations, including CW and major network affiliates. Competes directly with AMB for station acquisitions and local advertiser relationships, and sets the strategic benchmark for broadcast TV consolidation.

TypeDirect peer
Description

Gray Television is a publicly traded operator of ~180 local broadcast TV stations across the US, heavily weighted to small and mid-sized markets. It is the most direct comp to Allen Media Broadcasting given similar market-size focus and Big Four network affiliation mix.

TypeDirect peer
Description

Hearst Television owns ~30 stations affiliated with NBC, ABC, and CBS in mid-sized markets. Comparable to AMB in network mix and audience strategy, and a likely competitor in regional news and political ad markets.

TypeDirect peer
Description

Scripps operates ~60 local stations plus national networks (ION, Court TV, Newsy, Scripps News). It is directly comparable to AMB in size and market mix, and competes for the same small-market acquisition targets.

TypeDirect peer
Description

Sinclair operates ~185 stations and is a major producer of local sports and news content. Its multi-platform distribution strategy and political advertising scale closely mirror what AMB is building within the Allen Media Group ecosystem.

TypeDirect peer
Description

Tegna owns ~64 stations concentrated in mid-sized markets, overlapping Allen Media Broadcasting's geographic and demographic profile. Recent ownership transition makes it a key reference point for valuation of mid-market broadcast station groups.

TypeDirect peer
Description

NPG owns a small portfolio of broadcast stations in markets such as St. Joseph, MO and Idaho Falls. Comparable private smaller-station operator that competes with AMB for low-DMA ad budgets and local talent.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration11 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries16 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Allen Media Broadcasting

Broadcast Televisionallenmediabroadcasting.com

Allen Media Broadcasting operates 12 ABC, NBC, and CBS affiliated local television stations across Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California, selling broadcast and digital advertising to local businesses while operating as a division of Byron Allen's Allen Media Group.

What Allen Media Broadcasting does

Allen Media Broadcasting (AMB) operates a network of 12 regional broadcast television stations affiliated with ABC, NBC, and CBS across the United States, serving markets in Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California. Each station delivers local news, weather, sports, and entertainment programming alongside network-supplied content, and maintains its own digital presence via station websites, mobile applications, and social media channels. The company describes its mission as building "big four" affiliated broadcast stations that stay connected to local markets. AMB is a division of Entertainment Studios/Allen Media Group, a privately held media conglomerate founded by Byron Allen in 1993 and headquartered at 300 Interstate North Pkwy SE in Atlanta, Georgia; the corporate family also owns nine 24-hour HD television networks (including The Weather Channel) and produces, distributes, and sells advertising for 64 first-run syndicated television programs.

The company's core product is local broadcast television with associated digital and streaming capabilities. Underlying technology consists of over-the-air broadcast television infrastructure, station-level websites and apps, and OTT distribution integrations spanning Roku, Apple TV, Android TV, Tizen, Vizio, Amazon Fire TV, Comcast, Verizon, and Hisense. Analytics tooling includes Google Analytics and Adobe Analytics for audience measurement. No public-facing API, developer platform, or proprietary technology stack is disclosed; content syndication and cross-platform reach are the principal technical differentiators.

AMB's business model is advertising-driven. Revenue is generated by selling broadcast spot advertising and cross-platform digital advertising — including television spots, station website, app, social, and streaming placements — to local and regional businesses and agencies. Pricing is quote-based, varying by market, time slot, program, and audience reach, and is not publicly disclosed. Go-to-market is sales-led, executed by station-level account executives managing local advertiser relationships and new business development. The company's primary revenue stream is classified as television advertising sales.

Allen Media Broadcasting firmographics

Firmographics
Name
Allen Media Broadcasting
Legal name
Allen Media, LLC
Website
https://allenmediabroadcasting.com
Company type
Private
Founded year
1993
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Allen Media Broadcasting operates 12 ABC, NBC, and CBS affiliated local television stations across Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California, selling broadcast and digital advertising to local businesses while operating as a division of Byron Allen's Allen Media Group.
Ownership category
akta.pro rank

Allen Media Broadcasting industry classification

Industry
Product category
Broadcast Television
NAICS
Television Broadcasting Stations (51612), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162)
SIC
Television Broadcasting Stations (4833)
akta.pro primary industry
Local News & Weather Stations (MPABACAJ)
akta.pro secondary industry
News OTT & Live News Streaming Channels (MPABAHAK)

Keywords

  • Local broadcast television
  • Television advertising sales
  • Network affiliate stations
  • Broadcast media operations
  • Local news broadcasting

Where Allen Media Broadcasting is headquartered

Location

Headquarters

HQ city
Atlanta
HQ country
United States
HQ region
North America

Offices14 records

Markets served

Allen Media Broadcasting business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Television Advertising Sales: Revenue generated from selling advertising time on broadcast television stations to local and regional businesses. Includes traditional spot advertising, sponsored content, and digital advertising solutions across station websites and apps.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Allen Media Broadcasting product offering

Product offering

Core offering

Allen Media Broadcasting operates 13+ local broadcast television stations affiliated with the ABC, NBC, and CBS networks across diverse U.S. markets (Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, California), delivering local news, weather, sports, and entertainment programming. The company sells broadcast television airtime and digital advertising inventory to local and regional businesses and advertising agencies through station-level account executives. Beyond local broadcast, the broader Allen Media Group portfolio includes nine 24-hour HD networks (notably The Weather Channel) and 64 syndicated television programs.

Product overview

Allen Media Broadcasting operates a network of regional broadcast television stations affiliated with ABC, NBC, and CBS networks across multiple U.S. markets. The company's core product is local television broadcasting, providing news, weather, sports, and entertainment content through 12 stations in states including Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California. Under the parent company Entertainment Studios/Allen Media Group, the portfolio extends to nine 24-hour HD television networks including The Weather Channel, and digital streaming platforms such as Local Now, Pattrn, Sports.TV, The Grio, and HB-CU Go. The company also distributes 64 television programs, making it one of the largest independent producers/distributors of first-run syndicated television programming.

Differentiator

Problem solved

Functional benefit

Brands

  • Action News Now: Local broadcast news brand for KHSL-TV, KNVN-TV, CW, and Telemundo in the Chico-Redding DMA

Products and services

  • Local Television Stations (KEZI, KDRV, KITV, WAOW, WKOW, WXOW, KWWL, WJRT, KIMT, WQOW, KVOA, KHSL) Regional broadcast television stations affiliated with ABC, NBC, and CBS networks, providing local news, weather, sports, and entertainment programming to markets across the United States including Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, and California.
  • Broadcast and Digital Advertising Solutions

Companies that use Allen Media Broadcasting

Customer profile

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Allen Media Broadcasting technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration11 records

Allen Media Broadcasting partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • ABC NetworkcoreOthersMultiple AMB stations are ABC affiliates including KEZI, KDRV, WAOW, WKOW, WXOW, WQOW, WJRT, KHSL. Network provides programming and brand association.
  • NBC NetworkcoreOthersKVOA (Tucson) and KWWL (Waterloo) are NBC affiliates. Network provides programming and brand association.
  • CBS NetworkcoreOthersKIMT (Rochester) and KHSL (Chico) are CBS affiliates. Network provides programming and brand association.
  • ComcastminorChannel Partner/ Reseller/ DistributorCable provider distributing AMB station content to subscribers.
  • VerizonminorChannel Partner/ Reseller/ DistributorTelecommunications provider distributing AMB content through Verizon FiOS and mobile platforms.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Allen Media Broadcasting competitors and assessment

Company assessment

Others

  • The Weather Channel (Weather Group): Weather Group Television is a sister company within Allen Media Group, operating The Weather Channel cable network. While not a direct broadcast competitor, it shares parent ownership and content infrastructure with AMB, making it a strategic peer for evaluating the broader AMG broadcasting ecosystem.

Direct peers

  • Cordillera Communications: Cordillera is a privately held operator of 9 ABC, NBC, and CBS affiliates in mid-sized US markets. Closest private-market comp to Allen Media Broadcasting by portfolio size and affiliate mix.
  • Nexstar Media Group: Nexstar is the largest US television broadcaster with ~200 stations, including CW and major network affiliates. Competes directly with AMB for station acquisitions and local advertiser relationships, and sets the strategic benchmark for broadcast TV consolidation.
  • Gray Television: Gray Television is a publicly traded operator of ~180 local broadcast TV stations across the US, heavily weighted to small and mid-sized markets. It is the most direct comp to Allen Media Broadcasting given similar market-size focus and Big Four network affiliation mix.
  • Hearst Television: Hearst Television owns ~30 stations affiliated with NBC, ABC, and CBS in mid-sized markets. Comparable to AMB in network mix and audience strategy, and a likely competitor in regional news and political ad markets.
  • E.W. Scripps Company: Scripps operates ~60 local stations plus national networks (ION, Court TV, Newsy, Scripps News). It is directly comparable to AMB in size and market mix, and competes for the same small-market acquisition targets.
  • Sinclair Broadcast Group: Sinclair operates ~185 stations and is a major producer of local sports and news content. Its multi-platform distribution strategy and political advertising scale closely mirror what AMB is building within the Allen Media Group ecosystem.
  • Tegna: Tegna owns ~64 stations concentrated in mid-sized markets, overlapping Allen Media Broadcasting's geographic and demographic profile. Recent ownership transition makes it a key reference point for valuation of mid-market broadcast station groups.
  • News-Press & Gazette Company: NPG owns a small portfolio of broadcast stations in markets such as St. Joseph, MO and Idaho Falls. Comparable private smaller-station operator that competes with AMB for low-DMA ad budgets and local talent.

Broad incumbents

  • Fox Corporation: Fox Corporation owns the Fox Network and operates its owned-and-operated stations plus Tubi. While not a direct small-market affiliate competitor, Fox is an adjacent broadcast TV powerhouse that competes for the same political and national ad budgets that AMB monetizes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Allen Media Broadcasting social profiles

Digital presence

Allen Media Broadcasting financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Allen Media Broadcasting leadership team

Management profile

Number of profiles

Allen Media Broadcasting subsidiaries and ownership

Company hierarchy

Subsidiaries16 records

Allen Media Broadcasting funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Allen Media Broadcasting M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allen Media Broadcasting

What does Allen Media Broadcasting do?

Allen Media Broadcasting operates 13+ local broadcast television stations affiliated with the ABC, NBC, and CBS networks across diverse U.S. markets (Oregon, Hawaii, Wisconsin, Iowa, Michigan, Minnesota, Arizona, California), delivering local news, weather, sports, and entertainment programming. The company sells broadcast television airtime and digital advertising inventory to local and regional businesses and advertising agencies through station-level account executives. Beyond local broadcast, the broader Allen Media Group portfolio includes nine 24-hour HD networks (notably The Weather Channel) and 64 syndicated television programs.

Is Allen Media Broadcasting a public or private company?

Allen Media Broadcasting is a private company. It is classified as corporate owned and is currently operating.

When was Allen Media Broadcasting founded?

Allen Media Broadcasting was founded in 1993. It employs 1,001 to 5,000 people.

Where is Allen Media Broadcasting based?

Allen Media Broadcasting is headquartered in Atlanta, United States, in the North America region.

How does Allen Media Broadcasting make money?

One revenue line is on record: television Advertising Sales.

Who are Allen Media Broadcasting's main competitors?

The Weather Channel (Weather Group) is listed as an others. Direct peers are Cordillera Communications, Nexstar Media Group, Gray Television, Hearst Television, E.W. Scripps Company, Sinclair Broadcast Group, Tegna and News-Press & Gazette Company. Fox Corporation is listed as a broad incumbent.

Does Allen Media Broadcasting have an API?

No public API is recorded for Allen Media Broadcasting.

What industry is Allen Media Broadcasting in?

Allen Media Broadcasting's product category is Broadcast Television. Its primary akta.pro industry code is MPABACAJ, Local News & Weather Stations, with a secondary code of MPABAHAK, News OTT & Live News Streaming Channels. Its NAICS code is 51612 and its SIC code is 4833.

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Live signals
EIN PresswireBYRON ALLEN’S ALLEN MEDIA BROADCASTING AND DISNEY ENTERTAINMENT TELEVISION RENEW ABC NETWORK AFFILIATION AGREEMENTSAllen Media Group and Disney Entertainment Television renewed ABC affiliations for seven U.S. stations, including KITV, KEZI, KDRV, WKOW, WXOW, WAOW, and WJRT. The deal covers stations in Honolulu, Eugene, Medford, Madison, La Crosse, Wausau, and Flint. The agreement extends the partnership for many years.PR NewswireMedia Mogul Byron Allen Added as a Featured Speaker at 2022 Business & Leadership Conference Presented by Dr. Bill WinstonMedia mogul Byron Allen, founder of Allen Media Broadcasting and Entertainment Studios, has been added as a featured speaker at the 2022 Business & Leadership Conference presented by Dr. Bill Winston, scheduled for March 24-26, 2022, in Chicago. The hybrid conference expects more than 2,000 in-person attendees and thousands more virtual participants. Allen is set to discuss his career trajectory in media and how he built his more than $450 million fortune.PR NewswireByron Allen's Allen Media Broadcasting Buys ABC Affiliate WJRT-TV In Flint, Michigan From Gray For $70 MillionGray Television has agreed to sell WJRT-TV, its ABC affiliate in the Flint-Saginaw, Michigan market, to Byron Allen's Allen Media Broadcasting for $70 million in cash. The divestiture is required to secure regulatory approval for Gray's pending acquisition of the Local Media Group division of Meredith Corporation, as WJRT-TV represents the only market overlap between the two companies. The transaction is expected to close in Q3 or Q4 of 2021, subject to customary closing conditions.PR NewswireBroadcast M&A market in Q4 dominated by TV dealsU.S. broadcast station M&A volume reached $900 million in Q4 2019, with the TV market driven by two transactions above $100 million while radio delivered its lowest quarterly deal volume since Q2 2016. The largest TV deal saw Fox Corp. agree to pay $352 million to Nexstar Media Group for three stations in Seattle and Milwaukee, with Nexstar receiving two Fox-owned stations in Charlotte for $45 million in return. Allen Media Broadcasting also announced a $290 million deal to acquire 11 TV stations from USA Television Holdings and USA Television MidAmerica Holdings across nine small markets.PR NewswireFCC Formally Approves Byron Allen's Acquisition Of Bayou City Broadcasting For $165 MillionThe Federal Communications Commission formally approved Byron Allen's acquisition of Bayou City Broadcasting for $165 million, with Allen assuming control of the station groups on July 3, 2019. The deal includes four television stations: WEVV (CBS) and WEEV (Fox) in Evansville, Indiana, and KLAF (NBC) and KADN (Fox) in Lafayette, Louisiana, acquired through his company Allen Media Broadcasting LLC. This acquisition marks Entertainment Studios' entry into broadcast television, representing the company's first owned broadcast affiliates as it continues expanding through strategic acquisitions.