Byron Allen's Rise and Potential Influence in Hollywood

Byron Allen, a former comedian turned media mogul, has been making headlines as a potential bidder for Paramount Global. Despite skepticism from the industry, there are reasons to take him more seriously. Allen's past legal battles with cable and satellite operators, where he alleged racial discrimination, showcased his ability to make political allies, garnering support from Democrats in Congress and black leaders. These alliances, along with his strategic acquisitions like the Weather Channel and partnership with Sinclair, have expanded his portfolio and boosted his reputation. With his potential influence in Washington, particularly with the FCC, he could pose a threat to other bidders and potentially disrupt deal-making in Hollywood.