California-based company acquires a Louisiana mall for $10 with revival plans

Mall

Once a thriving establishment of large chain stores and restaurants, Esplanade Mall in Kenner, Louisiana, now greets guests with quiet walkways and abandoned storefronts. Slowly deteriorating in value for the city, the mall was recently sold for an extremely low price of $10. The previous owner of Esplanade Mall, Simon Property Group, relinquished ownership as […]

Lawsuit settled, Byron Allen acquires TheGrio

Having recently secured a settlement of its December 2014 racial discrimination lawsuit against AT&T, and distribution for its seven cable channels across DirecTV and U-verse, Byron Allen’s Entertainment Studios announced its acquisition of the New York-based Black news platform TheGrio on Tuesday night. “David Wilson and his founding partner Dan Woolsey have done an incredible […]