[videowaywire video_id=”10F741B1CAC86659″]
*Byron Allen’s Entertainment Studios is in early talks to acquire Landmark Theatres, which is on the sales block.
“We are pursuing the acquisition of numerous companies that have excellent management and brands in distribution, content, cable networks and technology. Yes, we are looking at all opportunities including the Landmark Theatres” Allen tells Deadline.
OTHER NEWS YOU MIGHT HAVE MISSED: ‘Hustle & Soul’ Stars Dominic and Stefen: ‘Everyone On Reality TV Is Trying To Be A Celebrity’ [EUR Exclusive]
Byron Allen
‘Chappaquiddick’ film premiere, Arrivals, Los Angeles, USA – 28 Mar 2018
Should Allen acquire Landmark, it would be the latest addition to his media empire which includes his theatrical feature division Entertainment Studios, Freestyle Releasing (which also does day and date releases), The Weather Channel (which he purchased at an estimated $300M back in March), as well as seven 24-hour HD television networks: JusticeCentral.TV, Pets.TV, Comedy.TV, Recipe.TV, Cars.TV, ES.TV, and MyDestination.TV.
Entertainment Studios is also the largest independent producer of first-run syndicated programming.
Landmark Theatres spans 53 venues and 255 screens, many locations of which are comprised of leases.
Allen and Entertainment Studios will have their first presentation at CinemaCon next Wednesday.
We Publish News 24/7. Don’t Miss A Story. Click HERE to SUBSCRIBE to Our Newsletter Now!
