From comedian to media mogul, Byron Allen has acquired two MGM TV Networks through his company Allen Media Group. Through his purchase of This TV and Light TV, 81 million households have been added to Allen’s portfolio. The free-to-air networks feature an assortment of MGM’s film and TV titles. This TV focuses on films and classic TV series with Light TV showcasing family friendly movies and series.
In a statement, Allen said of the networks, “We are going to continue to invest a substantial amount of capital into the programming, marketing, and distribution of these networks. We are strong believers in broadcasting and free-streaming direct-to-consumer platforms”.
The networks are being added to Allen’s ever growing list of TV real estate, joining The Weather Channel, MyDestination.TV, Comedy.TV, Justice Central.TV, and Pets.TV.
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