Allen Media Group founder Byron Allen is selling his local TV stations. The company announced that it has hired investment ...

Allen's move marks a significant retrenchment after spending more than $1 billion to load up on stations in small and ...

Producer and host Byron Allen has hired Moelis & Co. to find buyers for 28 local TV stations his company owns, in an effort to reduce debt while taking advantage of potential deregulation in the ...

Allen Media Group has hired the investment bank Moelis to market the 28 local stations it owns in an effort to reduce its ...