Byron Allen Makes $10B Bid to Buy ABC Networks

[SupaDupaFresh]

Mogul Byron Allen makes $10 billion bid for Disney's ABC, other networks

Media entrepreneur Byron Allen has made a $10 billion bid to buy Walt Disney's ABC television network and assets including the FX and National Geographic cable channels, a spokesperson for Allen said on Friday.

www.reuters.com

Disney has not expressed any interest in selling, but very interesting!

 

[⠀X ⠀]

Buy ABC? He must be trying to end up missing or getting a me too charge

 

[Kingshango]

He bout to get up outta here.

 

[SupaDupaFresh]

Buy ABC? He must be trying to end up missing or getting a me too charge

Well on the one hand it's not exactly the 1980s. Owning a linear-TV broadcast network or a cable channel is no longer as lucrative as it once was.

The only part of this deal I see being a great scoop is ABC News. A black man owning a legacy American journalism outlet would be awesome.

I don't know if ESPN is under the umbrella of the ABC Networks or a separate company but obviously that would be a great part of the deal.

10 billion dollars to owb Freeform, FX, National Geographic channel? Huge risk. But he got the money to turn any media operation around.

 

[ReturnOfJudah]

he got a white wife and offbrand kids so they give him a pass

 

[ThrobbingHood]

This is like an independent running for the presidency.

 

[Fiji Water]

Tyler made a similar move a bit ago, right? Byron just made a bid.

Plus 50 cent in the game at Fox.

I fail to see how this is bad or even scary. Mickey Mouse, in particular, only cares about green.

Edit: I'm basically saying if they ain't about to sell, they leaving money on the table for a competitor(s) to take advantage of the climate.

 

[Yzak]

Hopefully he gets it. Having a major news network under a Black man is great

 

[Wildin]

Hopefully he gets it. Having a major news network under a Black man is great

A black man owning a legacy American journalism outlet would be awesome.

This is just a foot in the door. Sure, he is black, but his wife is white, his kids are mixed and they will date and have white kids also, his money and empire isn't going into black hands or black people who need an identity in ownership in today's modern world.

What would be "great" and "awesome" is a black man with black woman woman and black kids owning a major outlet. Not a black man with a white mom, or a black man with a white wife, or a black man with a mixed wife. Black man with black parents married to a black woman with black parents, who have black children, no one gay, no one adopted, no one foreign, no one mixed. Then we can say we got here on our own without assistance. Then if they divorce or one of them dies, or the legacy gets passed it can stay black and not end up in the hands of someone white (again).

 

[CopiousX]

This is just a foot in the door. Sure, he is black, but his wife is white, his kids are mixed and they will date and have white kids also, he's money and empire isn't going into black hands or black people who need an identity in ownership in today's modern world.

What would be "great" and "awesome" is a black man with black woman woman and black kids owning a major outlet. Not a black man with a white mom, or a black man with a white wife, or a black man with a mixed wife. Black man with black parents married to a black woman with black parents, who have black children, no one gay, no one adopted, no one foreign, no one mixed. Then we can say we got here on our own without assistance. Then if they divorce or one of them dies, or the legacy gets passed it can stay black and not end up in the hands of someone white (again).

 

[3rdWorld]

Hopefully he gets it. Having a major news network under a Black man is great

Byron stopped being Black 30 years ago..he has a White wife and mixed kids, all his busines partners are White..he only uses his Black skin for profit, to complain to wealthy executives hes being denied opportunities because he's ''Black'' so he gets to buy networks..

 

[King Poetic]

Never going to happen

Too many silent generation and baby boomers still are the only ones watching ABC, NBC, etc etc…

They will sell it to him in 2033 when its a dump of a network standing on one leg

 

[RamsayBolton]

Byron stopped being Black 30 years ago..he has a White wife and mixed kids, all his busines partners are White..he only uses his Black skin for profit, to complain to wealthy executives hes being denied opportunities because he's ''Black'' so he gets to buy networks..

Byron Allen on His Plans for Media Domination: “What You See Today Will Be 10,000 Times Bigger”

Since he was a kid, comic turned mogul Byron Allen has played the long game, acquiring assets like The Weather ?Channel and taking a racial equality dispute with Comcast all the way to the Supreme? Court on a path to global domination.

www.hollywoodreporter.com

On June 14, as much of the country poured out of self-quarantine and into the streets in support of Black Lives Matter, Byron Allen let his feelings be known in characteristic fashion — which is to say from the rooftops. The stand-up comic turned media mogul spent $1 million to buy two pages in eight major papers — including The New York Times, Los Angeles Times and The Washington Post — to run an op-ed he’d tapped out on his laptop, titled, “Black America Speaks. America Should Listen.”


“I knew white media wasn’t going to publish it,” Allen, 59, asserts of the essay, which traces childhood memories of the National Guard invading his Detroit neighborhood after unrest following Martin Luther King Jr.’s assassination, then lays out a nine-step plan to eradicate racial inequality, including education reform and reparations. “Because that’s talking about how you really fix it. White America doesn’t want to fix this. White America is not interested in giving up any of their pie.”

Man has real money and influence and is using it, but you ready to write him off cause of his wifes skin color

i joke around sometimes but actually dikk watching is a disease

 

[BlackJesus]

Byron stopped being Black 30 years ago..he has a White wife and mixed kids, all his busines partners are White..he only uses his Black skin for profit, to complain to wealthy executives hes being denied opportunities because he's ''Black'' so he gets to buy networks..

More like beg

 

[Slaimon Khan Shah]

That is quite interesting and fascinating in my opinion!