Allen Wants to Expand in Local News, Streaming

The transcript covers discussions on investments in BIG4 network affiliates, challenges in financing, and involvement in the BET bidding process. It highlights the importance of black ownership in media and future ambitions in sports. The future of television is discussed, emphasizing the additive nature of linear TV and streaming. Investments in Local Now and its success as a free streaming service are also covered.

What is the main interest of the company in the first section?

• Developing new streaming platforms

• Expanding into international markets

• Acquiring BIG4 network affiliates

• Investing in technology startups

What is a significant factor in the BET bidding process?

• The competition from tech companies

• The focus on digital content

• The involvement of international investors

• The potential for black ownership

Who are some of the prominent figures mentioned in the BET bidding process?

• Mark Zuckerberg and Warren Buffett

• Oprah Winfrey and Bill Gates

• Tyler Perry and P Diddy

• Elon Musk and Jeff Bezos

What is the company's approach towards acquiring a sports franchise?

• They are patient and enjoying the process

• They have already acquired a football team

• They are not interested in sports franchises

• They are actively pursuing a basketball team

What is the company's vision for content production?

• To become the largest content producer

• To focus solely on digital content

• To collaborate with tech giants

• To reduce investments in traditional media

How does the company view the future of linear television?

• As the sole focus of their strategy

• As an outdated format

• As an additive component to other media

• As a replacement for streaming

What is a key feature of the Local Now streaming service?

• It is only available on mobile devices

• It offers super hyper-local content

• It focuses on international news

• It is a paid subscription service