Byron Allen, the CEO and founder of Entertainment Studios, made a power play with his acquisition of The Weather Channel from an ownership group of The Blackstone Group, Bain Capital and Comcast / NBCUniversal.
During the Black Enterprise Entrepreneur Summit in Charlotte, North Carolina yesterday, Allen boldly let it be known that he is chasing history and Mansa Musa (richest man in history) numbers with his “I don’t want to play in the Negro leagues, I want to play in the global leagues” statement.
He also broke down how Coretta Scott King pushed him to focus on economic empowerment, picking up the mantle left behind with Martin Luther King was assassinated.
You can check
The Weather Channel, which debuted in 1982, is one of the largest cable television networks not owned by a major conglomerate, and ranks No. 1 among the weather news providers, according to a news release from the Entertainment Studios.