Black Urban Media would like to congratulate billionaire and media mogul, Byron Allen, for his acquisition of the digital news platform, TheGrio. The popular and well-known African-American based website will be a great addition to Allen’s portfolio.
If you don’t know Byron Allen then you need to google him and you’ll find out his story from his grind to his shine of what it took for him to be a billionaire and independent.
TheGrio will be a part of Byron Allen’s company, Entertainment Studios Inc. that owns seven 24-hour HD cable networks serving nearly 80 million subscribers: Pets.TV, Comedy.TV, Recipe.TV, Cars.TV, Es.TV, MyDestination.TV and JusticeCentral.TV. The company also produces, distributes and sells advertising for 40 television programs.