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Byron Allen’s Allen Media Group expands its Board of Directors

Byron Allen's Allen Media Group expands its Board of Directors
Founder and CEO of Allen Media Group, Byron Allen. PHOTO/Getty Images
Thursday, October 31, 2024

Byron Allen’s Allen Media Group (AMG) has increased its board of directors from three to nine members, effective immediately.

Founded in 1993 as Entertainment Studios, the previous board included founder, chairman, and CEO Byron Allen, film producer Carolyn Folks (Allen’s mother), and chief operating officer Terence Hill.

This expansion comes on the heels of Allen’s recent US$3.5 billion proposal to acquire BET Media Group from Paramount Global’s senior management and board – a move that would significantly enhance Allen’s media portfolio if successful.

“For the last 30 years, I have operated with a three-member board, but as Allen Media Group has expanded and become more acquisitive, I am excited to introduce these six new board members,” Allen stated. “This diverse board comprises exceptional talent who possess an innate understanding of our business and the media landscape, allowing us to adapt swiftly and effectively in a rapidly changing industry.”

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