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Entertainment Studios
Entertainment Studios, Inc., also known as Allen Media Group, is an American media and entertainment company based in Los Angeles. Owned and founded in 1993 by businessman Byron Allen, the company was initially involved in the production and distribution of first-run television series for U.S. television syndication. Under the Entertainment Studios Networks division, it also operates a group of digital cable and satellite channels, which broadcast a mix of original programs and the company's syndicated content. In the late 2010s, the company made several major expansions to its operations, including: entering the film distribution market; acquiring The Weather Channel from NBCUniversal and Bain Capital; partnering with Sinclair Broadcast Group to operate the regional sports network chain Bally Sports via Diamond Sports Group; and its acquisition of television stations from another minority-owned media group, Bayou City Broadcasting. History Entertainment Studios was fou ...
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Court Show
A court show (also known as a judge show, legal/courtroom program, courtroom series, or judicial show) is a broadcast programming subgenre of either legal dramas or reality legal programming. Court shows present content mainly in the form of legal hearings between plaintiffs (or claimants in the United Kingdom) and defendants presided over by a judge, often in one of two formats: a scripted/improvised format performed by an actor; or an arbitration-based reality format with the case handled by an adjudicator who was formerly a judge or attorney. At present, these shows typically portray small claims court cases, produced in a simulation of a small claims courtroom inside of a television studio. However, in 2020 through 2021, numerous aspects of this genre were largely forsaken due to COVID-19, such as hearings transpiring from simulated courtroom studio sets. More so than other genres, the pandemic resulted in transformations that were drastic and conspicuous on court shows, becau ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ...
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Broadcast Syndication
Broadcast syndication is the practice of leasing the right to broadcasting television shows and radio programs to multiple television stations and radio stations, without going through a broadcast network. It is common in the United States where broadcast programming is scheduled by television networks with local independent affiliates. Syndication is less widespread in the rest of the world, as most countries have centralized networks or television stations without local affiliates. Shows can be syndicated internationally, although this is less common. Three common types of syndication are: ''first-run'' syndication, which is programming that is broadcast for the first time as a syndicated show and is made specifically to sell directly into syndication; ''off-network'' syndication (colloquially called a "rerun"), which is the licensing of a program whose first airing was on network TV or in some cases, first-run syndication;Campbell, Richard, Christopher R. Martin, and Bettin ...
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Biographical Film
A biographical film or biopic () is a film that dramatizes the life of a non-fictional or historically-based person or people. Such films show the life of a historical person and the central character's real name is used. They differ from docudrama films and historical drama films in that they attempt to comprehensively tell a single person's life story or at least the most historically important years of their lives. Context Biopic scholars include George F. Custen of the College of Staten Island and Dennis P. Bingham of Indiana University – Purdue University Indianapolis. Custen, in ''Bio/Pics: How Hollywood Constructed Public History'' (1992), regards the genre as having died with the Hollywood studio era, and in particular, Darryl F. Zanuck. On the other hand, Bingham's 2010 study ''Whose Lives Are They Anyway? The Biopic as Contemporary Film Genre'' shows how it perpetuates as a codified genre using many of the same tropes used in the studio era that has followed a simil ...
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Green-light
To green-light is to give permission to proceed with a project. The term is a reference to the green traffic signal, indicating "go ahead". Film industry In the context of the film and television industries, to green-light something is to formally approve its production finance and to commit to this financing, thereby allowing the project to proceed from the development phase to pre-production and principal photography. The power to green-light a project is generally reserved to those in a project or financial management role within an organization. The process of taking a project from pitch to green light formed the basis of a successful reality TV show titled '' Project Greenlight''. At the Big Five major film studio Major film studios are production and distribution companies that release a substantial number of films annually and consistently command a significant share of box office revenue in a given market. In the American and international markets, th ...s ...
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Bayou City Broadcasting
Bayou City Broadcasting, LLC was a broadcasting company founded in December 2007 and was owned by DuJuan McCoy. The company was based in The Woodlands, Texas. It is defunct as of September 2020 due to its acquisition by Entertainment Studios. History The company's first acquisition of stations occurred in January 2008, when it acquired several television stations in West Texas from Sage Broadcasting for $3 million, including Fox affiliates in Abilene and San Angelo. Bayou City briefly exited broadcasting when it sold those stations to Dallas-based London Broadcasting in September 2012. The company re-entered the broadcasting business in 2015 when it acquired WEVV-TV in Evansville, Indiana. The station had been owned by Communications Corporation of America (ComCorp), which Nexstar Broadcasting Group was in the midst of purchasing. However, Nexstar was forced to divest the station since it already owned WTVW and WEHT, and Bayou City emerged as the successful buyer. On March 1 ...
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Diamond Sports Group
Diamond Sports Group LLC is an American media and entertainment company operating as a subsidiary of Sinclair Broadcast Group, and partnered with Entertainment Studios. The company operates Bally Sports, a group of regional sports channels which was formerly known as the Fox Sports Networks. History Sinclair Broadcast Group formed the company with Byron Allen's Entertainment Studios to acquire 22 regional Fox Sports Networks affiliates and Fox College Sports from The Walt Disney Company, which was required to divest of these networks to secure government antitrust approval. The transaction, initially valued at $10.6 billion, is managed through a joint venture called Diamond Holdings Group, and formally closed the transfer in August 2019 for $9.6 billion. The company's regional sports networks have exclusive broadcasting rights to 42 professional teams (including 16 National Basketball Association teams, 14 Major League Baseball teams, and 12 National Hockey League teams), and t ...
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Bally Sports
The Bally Sports Regional Networks are a group of regional sports networks in the United States owned by Diamond Sports Group, a joint-venture company of the Sinclair Broadcast Group and Entertainment Studios. The naming rights to the network were sold to casino operator Bally's Corporation. The networks were formerly known as Fox Sports Networks and operated by News Corporation for most of their existence. They were acquired by Diamond Sports from The Walt Disney Company in 2019, as Disney was required to divest them by the U.S. Department of Justice as a condition of their own acquisition of 21st Century Fox. Launched on March 31, 2021, the networks carry regional broadcasts of sporting events from various professional, collegiate and high school sports teams. Through 19 owned-and-operated networks and several other affiliates, Bally Sports programming is available to all or part of at least 45 states, with the only notable lack of coverage existing in the Philadelphi ...
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Regional Sports Network
In the United States and Canada, a regional sports network (RSN) is a cable television channel (many of which are also distributed on direct broadcast satellite services) that presents sports programming to a local market or geographical region. Historically, some RSNs originated as premium channels; since the 1990s, however, they have commonly been distributed through the expanded basic-programming tiers of cable and IPTV services, packaged alongside other national basic cable networks, and local broadcast stations and public, educational, and government access channels. Satellite providers often require subscribers to purchase a higher programming tier or a specialized sports tier to receive local and out-of-market regional sports networks. Overview The most important programming on a regional sports network (RSN) consists of live broadcasts of professional and collegiate sporting events, as those games generate an overwhelming percentage of an RSN's advertising income, in ...
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Sinclair Broadcast Group
Sinclair Broadcast Group, Inc. (SBG) is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations (after Nexstar Media Group), owning or operating a total of 193 stations across the country in over 100 markets (covering 40% of American households), many of which are located in the South and Midwest, and is the largest owner of stations affiliated with Fox, NBC, CBS, ABC, MyNetworkTV, and The CW. Sinclair also owns four digital multicast networks (Comet, Charge!, Stadium, and TBD), sports-oriented cable networks ( Tennis Channel and Bally Sports Regional Networks), and a streaming service (Stirr). On June 2, 2021, it was announced that Sinclair is a ''Fortune'' 500 company, having annual revenues of $5.9 billion in 2 ...
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Bain Capital
Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. As of 2022, the firm managed approximately $160 billion of investor capital. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 22 offices in North America, Europe, Asia, and Australia. Since its establishment it has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), iHeartMedia, ITP Aero, KB Toys, Sealy, Sports Authority, Staples ...
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NBCUniversal
NBCUniversal Media, LLC is an American multinational mass media and entertainment conglomerate corporation owned by Comcast and headquartered at 30 Rockefeller Plaza in Midtown Manhattan, New York City, United States. NBCUniversal is primarily involved in the media and entertainment industry. The company is named for its two most significant divisions, the National Broadcasting Company (NBC) – one of the United States' Big Three television networks – and the major Hollywood film studio Universal Pictures. It also has a significant presence in broadcasting through a portfolio of domestic and international properties, including USA, Syfy, Bravo, E!, Telemundo (Spanish), Universal Kids, and the streaming service Peacock. Via its Universal Parks & Resorts division, NBCUniversal is also the third-largest operator of amusement parks in the world. Since 2018, its sister company under Comcast's control, Sky Group Limited, holds its media and telecommunication assets. NB ...
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