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He broke into the entertainment business as a teenager, playing comedy clubs in Los Angeles and making his first appearance on “The Tonight Show” at age 18. He gained fame as a host of the 1980s NBC hit “Real People” before founding Entertainment Studios in 1993. That company has grown into an empire, with a film division and nearly two dozen television properties, including the Weather Channel, which it acquired last year for $300 million.
Byron Allen offers his story as a model of African-American economic success.