Byron Allen on buying BuzzFeed, taking Colbert's slot & reinventing TV
About Byron
- Founder, chairman & CEO of Allen Media Group since 1993
- Owns The Weather Channel and 10 HD TV networks reaching 275M subscribers
- Controls 13 ABC, CBS & NBC affiliate stations across 11 U.S. markets
- One of the largest independent producers/distributors in first-run syndication
- Produces, distributes & sells ads for 74 television programs
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When media mogul Bryon Allen took a controlling stake in BuzzFeed in May – becoming its CEO and chairman – it was his latest bold bet in a volatile media landscape. The Allen Media Group founder joins Rapid Response to explain his strategy for BuzzFeed (note: we recorded this before BuzzFeed announced layoffs for 35% of its staff), taking over Stephen Colbert’s former CBS time slot with his Comics Unleashed, why YouTube and Netflix aren’t untouchable in the streaming wars, and why race matters in media ownership.
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