L.A. media mogul Byron Allen sells 10 TV stations to Gray Media
Media mogul Byron Allen has reached a deal to sell 10 television stations for $171 million to Atlanta-based Gray Media.Gray and Allen Media Group announced…
What the demise of the Corp. for Public Broadcasting means
The Corp. for Public Broadcasting, which helps pay for PBS, NPR, 1,500 local radio and television stations as well as programs like “Sesame Street” and…
What’s targeted in Trump’s request for $9.4 billion in budget cuts from Congress
WASHINGTON — President Donald Trump is looking to cancel $9.4 billion in spending already approved by Congress. That’s just a sliver of the $1.7 trillion that lawmakers…
L.A. media mogul Byron Allen hires investment bank to sell television stations
In a significant retrenchment, media mogul Byron Allen has retained investment banking firm Moelis & Co. to sell his network-affiliate television stations after spending more…
CBS allowed to distribute Sony’s ‘Wheel of Fortune,’ ‘Jeopardy!’ during lawsuit appeal
CBS has notched another small victory in its legal battle with Sony Pictures Television, winning an appellate court ruling that allows the network to continue…