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1. www.usatoday.com › story › moneyThe Weather Channel sold to independent Entertainment Studios

   www.usatoday.com › story › money

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   Mar 23, 2018 · Los Angeles-based Entertainment Studios acquired the channel's parent company The Weather Group from the Blackstone Group, Bain Capital and Comcast NBCUniversal. Also acquired in the...

   • Occupation: Senior Reporter

2. apnews.com › article › fdacf3d1ba4b4c09b5b7a35d46f841a5Weather Channel sold to independent studio, distributor

   apnews.com › article › fdacf3d1ba4b4c09b5b7a35d46f841a5

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   Mar 23, 2018 · LOS ANGELES (AP) — The Weather Channel is under new ownership. Entertainment Studios Inc., an independent movie and TV producer and distributor, said Thursday it's acquired the channel's parent company, Weather Group.

3. markets.businessinsider.com › news › stocksByron Allen's Entertainment Studios Acquires The Weather Channel

   markets.businessinsider.com › news › stocks

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   Mar 22, 2018 · Byron Allen's acquisition of THE WEATHER CHANNEL through his wholly-owned Allen Media LLC was represented by the law firms Sklar Kirsh, Nelson Mullins, and Loeb & Loeb.

4. www.linkedin.com › company › allenmediagroupAllen Media Group | LinkedIn

   www.linkedin.com › company › allenmediagroup

   The Weather Channel, an Allen Media Group company, is the leader in state of the art climate news gathering and analysis. It delivers live, moment-by-moment updates on global weather systems.

5. www.latimes.com › business › hollywoodByron Allen’s company acquires Weather Channel in $300 ...

   www.latimes.com › business › hollywood

   Mar 22, 2018 · Allen’s Los Angeles-based media company, Entertainment Studios, purchased Weather Group, the parent company of the Weather Channel and Local Now streaming service, for $300 million.

   • Email: ryan.faughnder@latimes.com

   • Occupation: Company Town Senior Editor

6. www.hollywoodreporter.com › business › business-newsThe Weather Company Sold to Private Equity Firm

   www.hollywoodreporter.com › business › business-news

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   Aug 22, 2023 · The digital assets of The Weather Channel, owned by IBM since 2016, will form a standalone company backed by investment firm Francisco Partners.

7. People also ask

   Who owns Weather Channel?

   • Entertainment Studios Inc., an independent movie and TV producer and distributor, said Thursday it’s acquired the channel’s parent company, Weather Group. Byron Allen, founder and owner of Entertainment Studios, bought the Weather Group from the Blackstone Group, Bain Capital and Comcast-NBCUniversal, Entertainment Studios said.

   Weather Channel sold to independent studio, distributor

   apnews.com/article/fdacf3d1ba4b4c09b5b7a35d46f841a5

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   Did IBM buy the Weather Channel?

   • They did not disclose its price. IBM agreed to buy The Weather Channel mobile app along with the digital assets of The Weather Company in 2015 for $2 billion — but did not acquire The Weather Channel seen on TV. Allen Media Group has owned the Weather Group, which includes The Weather Channel television network, since 2018.

   IBM is selling The Weather Company assets to private equity firm

   apnews.com/article/ibm-weather-company-sale-weather-channel-c0588010ad34823ccfaeb0b3f5b98858

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   What happened to the Weather Channel?

   • That linear TV network, The Weather Channel, was sold by Blackstone, Bain and NBCUniversal to media mogul Byron Allen’s Entertainment Studios in 2018 for around $300 million. (Upon sale, the TV brand did license data from IBM’s Weather assets under what was described as a long-term contract.

   Weather Company Sold to Francisco Partners - The Hollywood Reporter

   www.hollywoodreporter.com/business/business-news/the-weather-company-sold-francisco-partners-1235571884/

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   What is the Weather Channel?

   • The Weather Channel, an Allen Media Group company, is the leader in state of the art climate news gathering and analysis. It delivers live, moment-by-moment updates on global weather systems.

   Allen Media Group - LinkedIn

   www.linkedin.com/company/allenmediagroup

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   How many TV channels does Entertainment Studios own?

   • 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. Allen said the purchase of the Weather Group was completed Thursday morning through his company Allen Media LLC.

   Weather Channel sold to independent studio, distributor

   apnews.com/article/fdacf3d1ba4b4c09b5b7a35d46f841a5

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   How much did NBCUniversal buy Weather Channel?

   • The purchase price for the channel and Local Now, a news streaming service, reportedly was $300 million. Entertainment Studios declined to confirm the figure. Bain, Blackstone and Comcast-NBCUniversal bought the Weather Channel Cos. from Landmark Communications in 2008 for a reported $3.5 billion.

   Weather Channel sold to independent studio, distributor

   apnews.com/article/fdacf3d1ba4b4c09b5b7a35d46f841a5

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8. apnews.com › article › ibm-weather-company-saleIBM is selling The Weather Company assets to private equity ...

   apnews.com › article › ibm-weather-company-sale

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   Aug 22, 2023 · IBM agreed to buy The Weather Channel mobile app along with the digital assets of The Weather Company in 2015 for $2 billion — but did not acquire The Weather Channel seen on TV. Allen Media Group has owned the Weather Group, which includes The Weather Channel television network, since 2018.