Paramount stock ended Wednesday up 6.7 percent to $14.59, a sizable jump on a day when the overall market was down, but well below Allen's bid for the company at more than $21 per share. It's a ...

Bryon Allen must want BET by any means necessary. The standup comic-turned media mogul has submitted a bid to buy Paramount, IndieWire has confirmed - all of Paramount. His Allen Media Group ...

Allen Media Group will lay off or reassign at least 50 workers across all of its local stations, according to a report.

Byron Allen, the company’s founder and chief executive, has made several failed bids for major media companies. Last year, he offered $30 billion for Paramount Global in a widely reported move.

Allen Media Group is laying off most of its local TV weather forecasters and will centralize regional weather reporting from ...

Byron Allen filed a lawsuit against McDonald’s alleging racial ... The CEO made headlines earlier this year due to another big move of his, placing a hefty bid to purchase Paramount Global. In January ...