Media Production and Technology Show acquires BVE assets

Media Business Insight logoMedia Business Insight’s Media Production and Technology Show has acquired assets related to Broadcast Video Expo from ITE Group following its decision to close the event.

The Media Production & Technology Show is the number one event for all those working in content creation within the film, TV and video industry. The show plans to significantly extend and enhance its offering to more technology manufacturers, suppliers, content and new partners for the event.

Taking place on May 13th-14th 2020 at London Olympia, MPTS will now be the UK’s biggest show for the broadcast production and technology sector.

MBI has acquired the rights to BVE’s intellectual property, marketing data, and marketing channels.

Charlotte Wheeler, MPTS Event Director said, “Our visitor numbers were up by 25% this year and we had a record rebook level with exhibitors. We are building on the success we’ve had in developing our show over the last four years and the brilliant relationships we have with the industry and our customers.

“People in the market have often said they’d prefer one UK show and now we are able to focus on delivering the biggest and best event for exhibitors and visitors. We are looking forward to working with exhibitors and visitors who have attended BVE in the past to deliver a fantastic event for the whole industry in May 2020.”

MPTS will extend its features to include new industry partnerships, a dedicated Technology Theatre, a Technology Networking Zone and a larger Broadcast Sports Theatre & Zone.

UK, London

Byron Allen’s Entertainment Studios acquires Bayou City Broadcasting for $165M

Entertainment StudiosEntertainment Studios, Inc., one of the US’s largest independent producers and distributors of film and television, with 43 shows on the air, and owner of nine 24-hour HD television networks serving nearly 160 million subscribers, has acquired Bayou City Broadcasting Evansville, Inc., and Bayou City Broadcasting Lafayette, Inc for $165 million. Founder Byron Allen is purchasing the station groups through his company, Allen Media Broadcasting LLC. The terms of the transaction were not disclosed.

Byron Allen, who recently joined Sinclair Broadcast Group to successfully acquire the Fox/Disney 21 Regional Sports Networks for $10.6 billion, and also purchased The Weather Channel in 2018, has publicly stated he has been aggressively pursuing additional media assets to purchase. The purchase of these four Bayou City Broadcasting entities — WEVV (CBS) & WEEV (Fox) in Evansville, Indiana and KLAF (NBC) and KADN (Fox) in Lafayette, Louisiana — provides Allen’s television unit with a broader audience and strategically positions the company in broadcast and digital media.

Bayou City Broadcasting Owner/President/CEO DuJuan McCoy said, “Byron Allen is a visionary, and a brilliant entrepreneur who always gets it done. [His] companies, which exemplify excellence, are perfectly positioned to continue the strong tradition these stations have in serving their communities.”

Allen’s expansion into broadcast television is the latest step Entertainment Studios has taken in further expanding the global reach of its programming and content. The Entertainment Studios divisions now include: broadcast television network affiliates, streaming services, broadcast television syndication, production and distribution of 43 television programs, nine 24/7 HD television networks, theatrical motion picture production, acquisition and global distribution, digital movie acquisition and distribution, and global news publishing – making Entertainment Studios one of the largest privately-held media companies in the world.

USA, Los Angeles, CA & The Woodlands, TX

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