Byron Allen net worth

Byron Allen net worth $420 million. Byron Allen Folks is an American businessman, comedian, television producer, philanthropist, and the head of the U.S. entertainment company Entertainment Studios. Also Read Jordyn Woods Net Worth

Byron Allen net worth
Byron Allen net worth

Byron Allen Biography

Full Name Byron Allen
Net Worth $300 Million
Date Of Birth April 22, 1961
Place Of Birth Detroit, Michigan, United States
Profession Talk show host, Comedian, Television producer, Film director, Screenwriter, Businessperson, Actor, Television Director
Education Los Angeles High School, University of Southern California
Nationality United States of America
Spouse Jennifer Lucas (m. 2007)
Children Olivia Rose Allen, Chloe Ava Allen, Lucas Byron Allen
Parents Carolyn Folks
Nicknames Byron Allen Folks
Awards Daytime Emmy Award for Outstanding Lifestyle Program
Nominations Daytime Emmy Award for Outstanding Legal/Courtroom Program
Movies “Who Wants to Date a Comedian?” (2011–), “Mr. Box Office” (2012–), “The Young Icons” (2010–)
TV Shows “Real People” (1979–1984), “The Tonight Show Starring Johnny Carson” (1979), “Entertainers with Byron Allen” (1993–present)

Byron Allen net worth

Net Worth: $450 Million
Date of Birth: Apr 22, 1961 (60 years old)
Gender: Male
Profession: Talk show host, Comedian, Television producer, Film director, Screenwriter, Businessperson, Actor, Television Director
Nationality: United States of America

Byron Allen Early Life

Byron Allen Folks was born on April 22nd of 1961 in Detroit, Michigan. He grew up in Los Angeles. Allen’s interest in show business began during his childhood, when he would accompany his mother to NBC studios in Burbank where she worked as a publicist. Free to roam the sound stages, Allen would sneak onto “The Tonight Show” set, sit behind Johnny Carson’s desk and play talk show host. Allen put together a stand up routine and began performing at amateur nights in Los Angeles comedy clubs. Comedian Jimmie Walker saw Allen’s stand-up act and was so impressed that he invited the 14 year-old comedian to join his comedy writing team alongside the young comedians Jay Leno and David Letterman. At age 18, Allen made his television debut on “The Tonight Show Starring Johnny Carson”. Allen holds the distinction of being the youngest standup comedian ever to have performed on the show.

Byron Allen Introduction 

As of 2022, Byron Allen’s net worth is roughly $420 million. Byron Allen is an American businessman, former comedian, television producer, philanthropist, and the founder, owner, chairman, and chief executive officer of the Entertainment Studios.

Byron Allen Revenue Model

Instead of charging the networks huge fees for the rights to his shows, he gives away his shows for free.  Yes, you read that correctly – for free. In exchange for giving the content away for free, Byron is given the right to sell 50% of the show’s available advertising time, which he then sells directly. Advertisers are clamoring to buy advertising time with him, as well, since he can charge lower prices for the ad time, while still reaching 35 million viewers, largely due to the sheer number of shows he has running. Byron owns 100% of Entertainment Studios to this day.

Byron Allen Highlights

Here are some of the best highlights of Byron Allen’s career:

  • Bloomberg 50 (2018)
  • 100 Most Intriguing Entrepreneurs at the Goldman Sachs Builders & Innovators Summit (2018)
  • He was honored as a Distinguished Guest Speaker (2018)

Byron Allen Relationships

In 2007, Allen married a television producer named Jennifer Lucas. Over the course of their relationship, the couple has had three children together.

Comcast Lawsuit

In 2020, Byron wrapped up a 5-year campaign against Comcast after filing a $10 billion claim for racism. In February 2021 he withdrew his lawsuit after a private settlement was reached. The settlement also achieved carriage agreements for three of his cable channels. Comcast had originally refused to carry his channels, a decision that Allen claimed was due to racial discrimination. The court case was eventually taken to the Supreme Court after an appeal from Comcast. Prior to this, Allen’s suit had been dismissed three times at the district court level. Byron has filed similar suits against AT&T and Charter Communications, citing their refusal or unwillingness to carry channels that are owned by African Americans.

TV Network Revenues

In 2009, Allen became the first television entrepreneur to own and launch a portfolio of six 24-hour HD television networks simultaneously. The six networks include Pets.TV, Comedy.TV, Recipe.TV, Cars.TV, ES.TV, and MyDestination.TV. Today, Byron’s companies produce more than 30 nationally syndicated programs that (according to “The Hollywood Reporter”) bring in more than $100 million in revenue each year.

Byron Allen Career 

At age 18, Allen made his television debut on The Tonight Show Starring Johnny Carson. One of his earliest roles was as a regular presenter on the NBC series Real People during the show’s entire run. His show “Jammin” was picked up as “Kickin’ It with Byron Allen” in 1992, and by the end of its run had made the list of longest-running United States television series. In 2019, he announced the launch of THE WEATHER CHANNEL ESPANOL which is slated for 2020, and will soon also launch LOCAL NOW, powered by THE WEATHER CHANNEL technology. The same year, he would partner with Sinclair Broadcast Group to acquire Fox Sports Networks, which The Walt Disney Company was forced to sell as a condition of its purchasing 21st Century Fox.

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