• FILE - In this May 8, 2009, file photo, Byron Allen arrives for an event in Los Angeles. Allen's Entertainment Studios, Inc., one of the largest independent producers and distributors of film and television, on Thursday, March 22, 2018, announced its acquisition of the Weather Group, parent company of The Weather Channel television network and LOCAL NOW streaming service. Photo: Dan Steinberg, AP / Copyright 2018 The Associated Press. All rights reserved.

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…