Apologies. I did not see that Bob already posted this. On Thu, Mar 22, 2018 at 6:15 PM, Steve Timko <[email protected]> wrote:
> Weather Channel sold to independent studio, distributor > > LOS ANGELES (AP) - The Weather Channel is under new ownership. > Entertainment Studios Inc. said Thursday that it's acquired the channel's > parent company, Weather Group. > The independent movie and TV producer and distributor said in a news > release that founder and owner Byron Allen purchased the company from the > Blackstone Group, Bain Capital and Comcast-NBCUniversal. > Media outlets reported the purchase price as $300 million. Entertainment > Studios declined to confirm the figure. > In a statement, Weather Channel CEO Dave Shull said Allen's ownership will > benefit its viewers, distributors and advertisers. > Entertainment Studios owns seven TV channels, including Comedy.tv and > Justice Central.tv, which are distributed online and by pay-TV providers. > It also owns TheGrio.com, a website devoted to African-American stories > and issues. > > -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
