Settlement Finally Reached Between Byron Allen and McDonald’s After $10 Billion TV Advertising Lawsuit

Who Is Byron Allen? Plus, What To Know About His $10 Billion McDonald's Settlement

After four years of legal proceedings, fast food giant McDonald’s has finally reached a settlement with American businessman and financier Byron Allen. Those who have been following the case from the beginning will recall that Allen, in his role as founder and CEO of Allen Media Group, sued the restaurant chain for $10 billion back in 2021. Allen alleged that the company refused to advertise with Black-owned media brands, in a pattern that displ…

Settlement finally reached between Byron Allen and McDonald’s after $10 billion TV advertising lawsuit

McDonald’s and Allen Media Group chief Byron Allen have reached a settlement after the fast food giant was accused of discrimination.

McDonald’s Reaches Settlement with Byron Allen in $10 Billion Racial Discrimination Lawsuit

McDonald's Settles $10B Lawsuit with Byron Allen Over Discrimination Against Black-Owned Media Companies

McDonald’s reached a settlement in the $10 billion lawsuit brought by Byron Allen‘s Allen Entertainment Studios, in which the media mogul accused the fast food company of discriminating against Black-owned media companies.  Allen’s companies and McDonald’s released a joint statement on Friday, revealing that they’d come to “an agreement to settle pending litigation between them.” At the tailend of last year, U.S. District Judge Fernando Olguin f…

Byron Allen Called Out McDonald’s for $10B In Racial Bias — The Settlement Might Surprise You

Media mogul Byron Allen, founder of Allen Media Group, has reached a confidential settlement with McDonald’s Corporation in his $10 billion lawsuit alleging racial discrimination in the company’s TV advertising practices. The agreement, announced jointly by both parties, brings an end to a legal battle that had been set to go to trial in Los Angeles federal court next month. Byron Allen, Founder/Chairman/CEO of Allen Media Group (Photo from www.…

McDonald’s Settles With Media Mogul Byron Allen

Share Tweet Pin Email By Molly Claire Goddard 11:42am PDT, Jun 16, 2025 _ McDonald's and Byron Allen have settled their $10 billion lawsuit. After the media mogul claimed the fast-food franchise did not live up to its pledge to double its spending on American media companies owned by Black, Asian, Latino, female and LGBTQIA+ people, the two parties came to an agreement in order to put the case behind them.Keep reading for the details…M…