Entertainment Studios Expands Broadcast Television Holdings By Closing Deal To Purchase Eleven Television Stations

Entertainment Studios, one of the largest independent producers and distributors of film and television, with 64 shows on the air, and owner of nine 24-hour HD television networks now serving nearly 160 million subscribers -- including The Weather Channel television network and its streaming service Local Now -- announces it has closed on the acquisition of 11 broadcast television stations from USA Television Holdings LLC and USA Television MidAmerica Holdings LLC (collectively, USA TV) for $305 million. Byron Allen's Allen Media Broadcasting division has acquired the following broadcast television stations: