Byron Allen acquires HBCUGo.TV, streaming providers for HBCUs
“HBCUGo.TV positions us to talk to the guts and soul of Black America 24/7,” learn a press release from Allen, who owns theGrio.
Media mogul Byron Allen, proprietor of theGrio, has added to his empire by buying HBCUGo.TV which is a streaming web site for traditionally Black schools and universities.
Allen introduced on Tuesday that his Allen Media Group made the acquisition of HBCUGo.TV from Symonds-Evans Media LLC. HBCUGo.TV has a attain of 105 traditionally Black schools and universities. Allen Media Group may have entry to the huge library of 5,000 hours of content material highlighting HBCU college students, alumni, and the tradition.
The founder, chairman, and CEO of Allen Media Group shared in a press release the influence of this acquisition.
“The HBCU model represents over 184 years of historic excellence, relationship again to 1837, which helped domesticate a few of the world’s best minds and expertise, together with Dr. Martin Luther King, Jr., Spike Lee, Alice Walker, Samuel L. Jackson, Earl Graves, Oprah Winfrey, Chadwick Boseman, Justice Thurgood Marshall, Widespread, Booker T. Washington, Taraji P. Henson, Choose Kevin Ross, Langston Hughes, Katherine Johnson, Kenya Barris, and Vice President Kamala Harris, to call a number of,” Allen mentioned.
“HBCUGo.TV positions us to talk to the guts and soul of Black America 24/7, and helps us keep strongly related with one of the vital priceless, untapped audiences on the planet.”
That is simply the most recent boon for HBCUGo.TV which made a cope with Central Intercollegiate Athletic Affiliation. It would air 44 video games in the course of the present soccer season along with males’s and girls’s basketball video games.
Curtis Symonds, Clint Evans, and Candace Walker began the HBCU Community in 2010 with the taking part faculties having a 20% curiosity within the networks. The cable executives needed it to characteristic sports activities and life-style content material.
Symonds created an app to function a companion to HBCU TV in 2019 and pitched it to Comcast in a bid to focus on minority audiences. Nevertheless, Comcast handed on including HBCU TV to its lineup.
Symonds welcomed the Allen Media Group to reinforce the visibility of HBCUGo.TV.
“We’re thrilled to be part of Byron Allen’s Allen Media Group and his imaginative and prescient to make HBCUGo.TV the last word vacation spot celebrating the excellence of HBCUs and their alumni,” HBCUGo.TV CEO Symonds mentioned.
“Our pioneer platform provides a worldwide viewers all elements of the HBCU tradition and positions the hundreds of thousands of good younger minds and alumni all through the HBCU universe to assist change the world for the higher good.”
The monetary preparations of the deal weren’t disclosed however Allen Media Group the present administration of HBCUGo.TV would proceed to supervise the platform. The ties between the HBCU’s and sports activities convention commissioners would additionally proceed.
Allen Media mentioned the present HBCUGo.TV administration groups will proceed to handle the HBCUGo.TV platform. The group has robust ties to the faculties and sports activities convention commissioners that the service will wish to proceed.
The acquisition of HBCUGo.TV additional provides to Allen’s array of entities which incorporates The Climate Channel, theGrio, Comedy.television, and 24 native stations he now owns in numerous markets. Allen’s enterprise acumen was acknowledged final week when he obtained a star on the Hollywood Stroll of Fame on the intersection of Hollywood and Vine, theGrio beforehand reported.
“I wish to thanks for taking the time to hearken to this as a result of I would like you to know this one easy factor: I don’t care who you might be, I don’t care the place you might be, in case you are alive and are listening to this, you possibly can obtain your targets. You’ll be able to stay your desires,” he mentioned on the ceremony.
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