Byron Allen Takes Steve Mnuchin’s Starz Stake

Radio & Television Business Report

Author: Adam Jacobson
March 6, 2026 2:07 pm

BEVERLY HILLS, CALIFORNIA - MARCH 12: Byron Allen at Byron Allen's Oscar Gala at the Beverly Wilshire, A Four Seasons Hotel on March 12, 2023 in Beverly Hills, California. (Photo by Michael Bezjian/Getty Images for Allen Media Group / Byron Allen)His Allen Media Group in August 2025 agreed to sell its broadcast television properties in 10 markets to Gray Media for $171 million, lowering its operations to 12 locales. Now, he’s not a seller but an investor. Only, it involves a subscription-based cable television network.

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