LOS ANGELES (AP) — The Weather Channel is under new ownership.
Entertainment Studios Inc., an independent movie and TV producer and distributor, said Thursday it’s acquired the channel’s parent company, Weather Group.
Byron Allen, founder and owner of Entertainment Studios, bought the Weather Group from the Blackstone Group, Bain Capital and Comcast-NBCUniversal, Entertainment Studios said.
“The Weather Channel is a phenomenal asset,” Allen said in an interview. “It is the No. 1 weather news network in America. It’s…