Weather Channel is a USA television channel.
Established in 1982 by Landmark Communications, The Weather Channel began as a 24/7 cable television service devoted entirely to weather. In September 2008, an investment group composed of NBC Universal, Bain Capital and Blackstone Group bought the service for $3.5 billion.
In January 2016, NBC Universal sold the digital and data services of the business, including the Weather.com website, Intellicast and Weather Underground, to IBM. These assets are collectively known as 'The Weather Company, an IBM Business.' On March 22, 2018, NBC Universal announced that it would sell the Weather Channel television channel (not including the digital and data services) to Entertainment Studios Inc., a company owned by comedian and producer Byron Allen. The price was thought to be about $300 million.
It is one of the best American media outlets, according to Mondo Times members.
This television channel is owned by Entertainment Studios, Inc.
Mailing address: 300 Interstate North Parkway SE, Suite 300, Atlanta, GA 30339-221
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The Weather Channel Sold to Byron Allen
-- March 22, 2018: The Weather Channel will be sold to Entertainment Studios Inc., a company owned by comedian and producer Bryon Allen. The price is thought to be about $300 million. The sale does not include the Weather.com website, Intellicast, Weather Underground or related data and digital apps, which IBM bought in January 2016. These assets are collectively known as The Weather...
The Weather Channel Names David Clark President
-- November 1, 2012: David Clark was formerly executive vice president, sales and partnership development at The Madison Square Garden (MSG) Company, where he was responsbile for media sales.
At The Weather Channel, he will oversee programming, strategy, and operations for the television network, including live and long form programming.
David Kenny, CEO and Chairman of The Weather Company,...
Layoffs at The Weather Channel
-- October 16, 2012: The NBC Universal cable channel is cutting 75 to 80 staffers, mostly in Atlanta, the Atlanta Journal-Constitution has reported.
From the newspaper story: "Before the cutbacks, the company had 1,200 employees, 700 in Atlanta. A number of on-air meteorologists have left recently as well, including Adam Berg and Jeff Morrow.
"The network, which was...
Weather Channel Buys Weather Underground
-- In a letter to viewers, The Weather Channel Acquires Weather Underground, head of product David Cameron provided more details about the Weather Channel's purchase of the oldest web-based weather brand, Weather Underground.
From the letter, published July 2, 2012:
"We think this is a great opportunity to bring together two great companies and tap into each other's unique strengths...
Weather Channel Companies Names David Kenny Chairman and CEO
-- January 24, 2012: Kenny succeeds Mike Kelly, who began with The Weather Channel Companies (TWCC) in 2009 as president and CEO. Kelly now becomes a special adviser to the CEO and the board of directors of TWCC, as well as an adviser to Bain Capital, a member of the consortium of companies that owns TWCC.
That ownership group, which also includes The Blackstone Group, and NBC Universal, said, in a...
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Weather Channel website