EXCLUSIVE: There’s more layoffs at Byron Allen’s Allen Media Group.
Deadline understands that the company, which owns a raft of network affiliate broadcast stations and The Weather Channel, has cut more employees.
We hear that it has laid off key members of its weather, news and sports teams, impacting The Weather Channel, its AVOD service HBCU Go as well as its Entertainment Studios and ad sales divisions.
A spokesman for Allen Media Group said, “This is a continuation of the reduction in workforce Allen Media Group announced back in May.”
However, sources have told Deadline that this is a new round and that employees have just been informed, impacting morale among certain units. It’s not clear how many people have been affected.
As Deadline has been reporting for months, layoffs are continuing to happen across the entertainment industry. Paramount went through another round last month, Netflix laid off a number of publicity execs earlier this week, A+E Networks cut senior staffers in August, Disney made new cuts last month and Lionsgate started offering a voluntary severance and early retirement program less than a month ago.
Privately operated Allen Media Group owns 36 ABC/NBC/CBS/Fox network affiliate broadcast television stations in 21 U.S. markets; digital network TheGrio; and a motion picture division that includes a distribution arm.
Allen himself made noise earlier this year, claiming that he was interested in acquiring Paramount Global for $30 billion, having previously bid for the Paramount-owned BET and its related assets.
The Streaming Wars is intentionally ad-free
We don’t run display ads. Not because we can’t, but because we don’t believe in them.
They interrupt the reading experience. They cheapen the work. And they burn advertisers’ money on impressions nobody actually wants.
So we chose a different model.
We say the things people in this industry are already thinking but don’t say out loud. We connect the dots beyond the headline and focus on explaining why things matter to the people working in this business.
If you believe industry coverage can exist without clutter and interruption, you can support it here → SUPPORT TSW.
Support is optional. But it directly funds research and continued coverage — and helps prove this model can work.
Support TSW →
