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Black News Channel Shuts Down Two Years After Debut
WSJ ^

Posted on 03/25/2022 1:02:51 PM PDT by qwerty1234

Black News Channel, a cable news network that went on the air two years ago to provide an alternative look at news from Black Americans’ perspective, is shutting down, the outlet’s chief executive told employees on Friday.

“Due to challenging market conditions and global financial pressures, we have been unable to meet our financial goals, and the timeline afforded to us has run out,” Princell Hair, who has been chief executive since July 2020, wrote in a memo to staff. “Effective immediately, BNC will cease live production and file for bankruptcy.”

(Excerpt) Read more at wsj.com ...


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thats a shame.
1 posted on 03/25/2022 1:02:51 PM PDT by qwerty1234
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To: qwerty1234

“challenging market conditions”. A euphemism for low ratings.


2 posted on 03/25/2022 1:04:14 PM PDT by philippa
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To: qwerty1234

It would be hilarious if someone scooped up the physical assets, turned it into the White News Channel and made a billion dollars...


3 posted on 03/25/2022 1:06:02 PM PDT by farming pharmer (fork you :(){ :|:& };:)
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To: qwerty1234

4 posted on 03/25/2022 1:06:06 PM PDT by nascarnation (Let's Go Brandon!)
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To: philippa

Let’s launch a media outlet that only caters to 13% of the population...


5 posted on 03/25/2022 1:07:01 PM PDT by Mr. Blond
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To: nascarnation

It had all white people on their commercials


6 posted on 03/25/2022 1:07:22 PM PDT by Old Griz
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To: farming pharmer

It’s located in Tallahassee FL.
Most of the funding came from the Jacksonville Jags owner.


7 posted on 03/25/2022 1:08:24 PM PDT by nascarnation (Let's Go Brandon!)
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To: qwerty1234

A news channel that only reports black crime?

BRILLIANT!!


8 posted on 03/25/2022 1:08:42 PM PDT by CrappieLuck
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Repeating orange man racist and bad repetitively for years after the orange man has been vanquished probably isn’t compelling enough to retain attention


9 posted on 03/25/2022 1:09:13 PM PDT by dsrtsage ( Complexity is just simple lacking imagination)
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To: philippa

“challenging market conditions”

Please allow me to translate.....that’s code for racist white people hate blacks so they refused to watch our channel.


10 posted on 03/25/2022 1:09:50 PM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: qwerty1234

White people should have been required to watch it.


11 posted on 03/25/2022 1:10:49 PM PDT by Renkluaf
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To: V_TWIN

It probably got funded by racist grant money. Spent all the $$$ and well you know the rest.


12 posted on 03/25/2022 1:10:56 PM PDT by George from New England
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To: Mr. Blond

Exactly. Brilliant move.


13 posted on 03/25/2022 1:11:18 PM PDT by philippa
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To: qwerty1234

Black Lives Matter has plenty of money. Why aren’t they supporting the brothers with their news channel?


14 posted on 03/25/2022 1:11:19 PM PDT by Dilbert San Diego
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To: qwerty1234

Kind of like Air America radio network. Spent 6 years trying to find it’s progressive audience and never did.

Damn shame, LOL! /sarc


15 posted on 03/25/2022 1:11:23 PM PDT by BBQToadRibs2
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To: qwerty1234

“Good Morning. My name is Princell Hair.
What’s your name?”


16 posted on 03/25/2022 1:12:42 PM PDT by lee martell
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To: V_TWIN

I wouldn’t be surprised if even black people didn’t watch. A lot of them are having their eyes opened by events of the past year.


17 posted on 03/25/2022 1:12:53 PM PDT by philippa
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To: philippa

Correct


18 posted on 03/25/2022 1:13:28 PM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to says it.)
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To: Mr. Blond

That’s what happens when you have to compete on a level playing field, don’t get government subsidies and have to succeed on your own.

Ain’t that easy is it?


19 posted on 03/25/2022 1:14:15 PM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: philippa

I think I skipped past it on PlutoTV a few times. Not sure if it was on any of the pay platforms or not.


20 posted on 03/25/2022 1:14:23 PM PDT by nascarnation (Let's Go Brandon!)
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