upload photos
I'VE NEVER HAD A POST DELETED... it would be funny!
Posted on 03/25/2022 4:10:34 PM PDT by Trillian
Black News Channel is shutting down after originally launching in 2020 and will file for bankruptcy, according to an email sent to staff on Friday.
The Atlanta Journal-Constitution reported: he Black News Channel will shut down today at 5 p.m.
The Los Angeles Times broke the news the day after an email was sent to employees that they would not be getting their payroll checks on Friday. Majority stakeholder and Jacksonville Jaguars owner Shad Khan had invested about $50 million into BNC, but audience and revenues failed to meet the company’s hefty cost structure. He decided he couldn’t keep throwing more money at the operation, which has 230 employees, mostly people of color, the Times story said.
CEO and former CNN executive Princell Hair, who joined the operation last year, sent an email to staff mid-day Friday which noted that, “Unfortunately, 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. It’s with a broken heart that I am letting you all know that, effective immediately, BNC will cease live production and file for bankruptcy. We are saddened and disappointed by this reality and recognize the stress that this puts on you and your families.”
(Excerpt) Read more at thegatewaypundit.com ...
Thanks for the covid relief. It’s gone now so we are too.
Verizon Fios ch:612
Yup. It’s always a good business decision to launch a product that 88% of people give two shots about.
Gee, you’d think a news channel with an “all race card all the time” format would be a resounding success.
I didn’t either, but I wonder if there will ever be a white news network? 😊😃🙃🤗
I have to disagree.
The monolithic media wants total control and crushed this uppity network who would not totally comply with ‘the narative’
heheh
No, apparently this one was conservative with JC Watts.
Didn’t even know it existed until this article. Looks like they had a marketing problem.
Probably would have been better to have made it a channel that simply had black hosts on it vs. being a “black news channel.”
Repeat after me, “12%....12%...12%”
They would rather make demands against news channels that are well established and make money.
As opposed to doing their own. Which they showed here, they cannot do.
Some conservative blacks should buy it.
Some conservative blacks should buy it.
I didn’t even know there was a Black News Channel. And just to satisfy my curiosity, what would qualify as Black News?
Oh, I am sure someone got some mansions out of all of it.
Well, if you were really posting black news then every episode would be Tyrone shoots the various and sour drug deal or shamika and demonica get into a brawl at Chuck e cheese. All the commercials would be for white girl hair products and wigs to put on their heads. Then you could go through all the shoplifting to get done at the various dollar stores and Walmarts and convenience stores. I mean that would be more fun for me to watch I guess than it would have black person
There aren’t any.
If they had focussed on things involving Black people and crime, they would never have run out of material.
Regards,
Conservative?? It was on par with CNN.
"Black News Channel...reached more than 50 million cable and satellite households. The station averaged an audience of about 10,000 viewers."
"Additionally, the company faced scrutiny for touting several programs with a conservative angle."
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.