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Media Mogul Byron Allen Putting Bid to Buy Denver Broncos

The investor group led by Allen could pay $3 billion to $4 billion for the Broncos, a source told Bloomberg.

Eduardo Razo

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NOAM GALAI/GETTY IMAGES FOR BLOOMBERG BUSINESSWEEK

Byron Allen is reportedly looking for a business outside of news media. Allen Media Broadcasting is in various markets in the United States, but now the media mogul wants to take a crack at owning a sports franchise.

According to Bloomberg, Allen is readying a proposal for the Denver Broncos, a move that, if triumphant, would make him the first Black majority owner of an NFL team. 

“NFL commissioner Roger Goodell and New England Patriots owner Robert Kraft came to me in November of 2019 and asked me to take a good look at buying an NFL team,” Allen, chairman, and chief executive officer at Allen Media Group, said in a statement. 

“And after serious consideration, I strongly believe I can help effectuate positive changes throughout the league. And for that reason, I will be making a bid for the Denver Broncos.”

The investor group led by Allen could pay $3 billion to $4 billion for the Broncos, a source told Bloomberg. Allen’s group is expected to have investors from Wall Street, Hollywood, sports, and business. The group would put down approximately 75% of the cost in liquid assets.

Allen became a television producer and afterward founded Allen Media, which consists of the Weather Channel, and almost $1 billion invested recently to obtain 27 local network stations.

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Tucker Carlson Quietly Steps Down from Board of The Daily Caller

“His board term was up and he’s busy with his new projects.”

Eduardo Razo

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A photo of Tucker Carlson
(Photo: Tucker Carlson)

The Daily Beast reported Thursday that former Fox News host Tucker Carlson quietly stepped down from the board of The Daily Caller. Carlson co-founded the media organization in 2011 and has held a chair position for over a decade.

Nonetheless, citing an unreported tax filing, the report notes that Carlson disappeared from the board of The Daily Caller News Foundation in 2022. Still, the precise timing is unclear.

Carlson did not comment on his removal from the board but attempted to diminish The Daily Beast and the reporter.

“You’re still working for The Daily Beast? How old are you?” Carlson asked. 

Tucker Carlson and The Daily Caller had kept the news hidden until recently. The nonprofit submitted its annual registration with the state on December 7, 2022, and Carlson’s name appeared as a director. 

The nonprofit did not include his name in the annual registration they filed earlier this month. Additionally, on their September 2022 tax return, they omitted to list him as a board member.

Neil Patel, co-founder and chairperson of The Daily Caller, has been serving on the board with Carlson since the beginning. He expressed in a statement to The Daily Beast that Carlson was too busy for his five-hour-a-week board position and had reached his term limit without providing any additional explanation.

“We love Tucker,” the statement said. “He’s our founder. His board term was up and he’s busy with his new projects, so we moved him to an honorary role.”

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News Media Reacts to MSNBC Canceling The Mehdi Hasan Show

After the cancellation of his program, the network plans to utilize Hasan as both an analyst and a fill-in host.

Eduardo Razo

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Credit: Peacock

Semafor’s Max Tani reported on Thursday that MSNBC has canceled The Mehdi Hasan Showwhich aired on Sundays at 8 PM ET. Furthermore, Hasan’s Peacock-exclusive program, which ran on Tuesday, is also being canceled.

After the cancellation of his program, the network plans to utilize Hasan as both an analyst and a fill-in host. There was plenty of reaction regarding the news. Here’s what some had to say:

Additionally, MSNBC will launch a new “ensemble” program that Alicia Menendez, Symone Sanders-Townsend, and Michael Steele will lead. The Weekend program will air on Saturdays and Sundays from 8-10 AM ET.

Jonathan Capehart’s program will air at 6 PM ET on weekends, and the weekend schedule will include an expanded three-hour edition of Alex Witt Reports.

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MSNBC Shuffles Weekend Lineup, Cancels The Mehdi Hasan Show

After his program’s cancellation, the network plans to use Hasan as an analyst and a fill-in host.

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Mehdi Hasan
(Photo: MSNBC)

MSNBC has reportedly canceled the weekend show hosted by Mehdi Hasan and will expand an existing program hosted by Ayman Mohyeldin, as part of a larger weekend shuffle.

The Mehdi Hasan Show aired on Sundays at 8 PM ET. Additionally, he hosted a Peacock-exclusive program on Tuesdays. After his program’s cancellation, the network plans to use Hasan as an analyst and a fill-in host, according to a report from Semafor’s Max Tani.

MSNBC will launch a new “ensemble” program that will be led by Alicia Menendez, Symone Sanders-Townsend, and Michael Steele. Dubbed The Weekend, the new program will air on both Saturday and Sunday from 8-10 AM ET. As part of the new program, both Symone Sanders-Townsend and Alicia Menendez will relinquish their already existing weekend shows.

“As we emerge from a multitude of historic events these past months, we have an opportunity to build on our accomplishments and keep the momentum going into 2024 and beyond,” MSNBC President Rashida Jones wrote in an internal memo to staffers Thursday, according to The Hollywood Reporter.

The network is also moving the program hosted by Jonathan Capehart to 6 PM ET on both Saturdays and Sundays. The existing show in that timeslot helmed by Yasmin Vossoughian will end, and she will continue to work as a national reporter.

Alex Witt Reports will expand to three hours as part of the weekend shuffle.

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