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.
Watch on Deadline
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 $30B, having previously bid for the Paramount-owned BET and its related assets.
The post Allen Media Group Undergoes More Layoffs, Says It’s A Continuation Of Spring Cuts appeared first on Deadline.
