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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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To: CrappieLuck

# A news channel that only reports black crime?

# BRILLIANT!!

Indeed. They’d never lack for material!


61 posted on 03/25/2022 4:30:20 PM PDT by zeugma (Stop deluding yourself that America is still a free country.)
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To: Mr. Blond
Let’s launch a media outlet that only caters to 13% of the population...

It worked so well in the retail sector with K-Mart.

62 posted on 03/25/2022 4:45:13 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: qwerty1234

not enough burn, loot and murder to keep the news people busy?

or too damn much...


63 posted on 03/25/2022 5:26:31 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Chode
"not enough burn, loot and murder to keep the news people busy?"

No, silly wabbit. Not enough porn for the target audience. LOL

64 posted on 03/25/2022 6:07:56 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

OK...


65 posted on 03/25/2022 8:32:03 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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