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Business Veteran to Oversee All Accounting and Finance for Allen Media Digital Division Encompassing Allen Media Group’s Free-Streaming Platforms Native Now, TheGrio Streaming App, HBCU GO, The Climate Channel Streaming App, The Climate Channel en Español and Sports activities.TV

LOS ANGELES, Oct. 12, 2022 /PRNewswire/ — Byron Allen’s Allen Media Group (AMG) proudly broadcasts the hiring of Oliver De La Hoz to the brand new place of Chief Monetary Officer of Allen Media Digital. On this new place, De La Hoz will oversee all monetary planning, accounting, and enterprise operations for AMG‘s Allen Media Digital division – which encompasses the AMG free-streaming AVOD providers Native Now, TheGrio Streaming App, HBCU GO, The Climate Channel Streaming App, The Climate Channel en Español, and the recently-launched Sports activities.TV platform. De La Hoz might be primarily based on the AMG headquarters in Los Angeles.

De La Hoz involves AMG from his current place as Chief Monetary Officer of ITV Studios U.S. (ITV). Throughout his time at ITV, he helped construct and handle the scripted and unscripted companies and oversaw the complete accounting and finance features. Previous to ITV, De La Hoz was primarily based in New York Metropolis as a Director in PwC’s Monetary Due Diligence (mergers & acquisitions) follow with a deal with media and leisure. De La Hoz has greater than twenty years of expertise in monetary accounting, mergers & acquisitions, integration, and operations throughout the leisure and media business, together with tv and movie manufacturing, broadcasting, distribution, cable, music, and video video games. De La Hoz graduated from Georgetown College with a twin Bachelor of Science diploma in Accounting and Finance, and can also be a Licensed Public Accountant.

Over the previous 12 months, Allen Media Digital launched a number of new merchandise together with The Climate Channel Streaming App–a direct-to-consumer product offering customers the flexibility to subscribe and watch The Climate Channel tv community, The Climate Channel en Español Streaming App–the first 24/7 Spanish-language free-streaming climate information community in the United States, the Sports activities.TV free-streaming service–which gives essentially the most variety of free sports activities channels discovered anyplace, TheGrio Streaming App–which expands the primary digital information/leisure platform for Black America right into a free-streaming service, in addition to HBCU GO–the cultural life-style vacation spot and main sports activities media supplier that embraces and represents the voice and cultural experiences at Traditionally Black Faculties and Universities. Earlier this 12 months, AMG introduced a long-term, complete strategic partnership with Google that leverages Google‘s know-how to additional bolster all Allen Media Digital platforms and different Allen Media Digital streaming providers at the moment in growth.

Oliver De La Hoz is a superb addition to the Allen Media Group household as Chief Monetary Officer for Allen Media Digital, the place he might be beneficial in overseeing all monetary planning, accounting, and enterprise operations for the division,” stated Byron Allen, Founder/Chairman/CEO of Allen Media Group. “Oliver will now play an important function in serving to Allen Media Group proceed to develop our digital streaming platforms and initiatives worldwide.”

“The media enterprise continues to evolve as know-how adjustments the way in which we watch content material and have interaction audiences,” stated Oliver De La Hoz, Chief Monetary Officer of Allen Media Digital. “I’m excited to hitch Allen Media Group and sit up for persevering with the fast development and scale of our digital platforms.”

About Allen Media Group 

Chairman and CEO Byron Allen based Allen Media Group/Leisure Studios in 1993. Headquartered in Los Angeles, it has places of work in New York, Chicago, Atlanta, and Charleston, SC. Allen Media Group owns 27 ABC-NBC-CBS-FOX community affiliate broadcast tv stations in 21 U.S. markets and twelve 24-hour HD tv networks serving almost 220 million subscribers: THE WEATHER CHANNEL, THE WEATHER CHANNEL EN ESPAÑOL, PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, JUSTICECENTRAL.TV, THEGRIO TELEVISION NETWORK, THIS TV, and PATTRN. Allen Media Group additionally owns the streaming platforms HBCU GO, SPORTS.TV, THEGRIO, THE WEATHER CHANNEL STREAMING APP, COMEDY.TV and LOCAL NOW–the free-streaming AVOD service powered by THE WEATHER CHANNEL and content material companions, which delivers real-time, hyper-local information, climate, site visitors, sports activities, and life-style info. Allen Media Group additionally produces, distributes, and sells promoting for 68 tv packages, making it one of many largest unbiased producers/distributors of first-run syndicated tv programming for broadcast tv stations. With a library of over 5,000 hours of owned content material throughout a number of genres, Allen Media Group gives video content material to broadcast tv stations, cable tv networks, cellular gadgets, and multimedia digital. Our mission is to supply glorious programming to our viewers, on-line customers, and Fortune 500 promoting companions.

Leisure Studios Movement Footage is a full-service, theatrical movement image distribution firm specializing in large launch industrial content material. ESMP launched 2017’s highest-grossing unbiased film, the shark thriller 47 METERS DOWN, which grossed over $44.3 million. In 2018, ESMP additionally launched the critically-acclaimed and commercially profitable Western HOSTILES, the historic mystery-thriller CHAPPAQUIDDICK and the sequel to 47 METERS DOWN47 METERS DOWN: UNCAGED. The digital distribution unit of Leisure Studios Movement FootageFreestyle Digital Media, is a premiere multi-platform distributor with direct partnerships throughout all main cable, digital and streaming platforms. Capitalizing on a sturdy infrastructure, confirmed monitor file and a veteran gross sales crew, Freestyle Digital Media is a real residence for unbiased movies.

In 2016, Allen Media Group bought The Grio, a highly-rated digital video-centric information group platform dedicated to offering African-Individuals with compelling tales and views at the moment underrepresented in current nationwide information retailers. The Grio options aggregated and unique video packages, information articles and opinion items on subjects that embrace breaking information, politics, well being, enterprise and leisure. Initially launched in 2009, the platform was then bought by NBC Information in 2010. The digital platform stays centered on curating thrilling digital content material and at the moment has greater than 100 million annual guests.

SOURCE Allen Media Group