Friday, May 10, 2024
63.5 F
Chicago
HomeBusinessReports say Black News Channel has shut down

Reports say Black News Channel has shut down

Published on

The Black News Channel reported has a staff of 230, and some current and former employees had previously filed a gender discrimination lawsuit against the network that remains pending.

According to the Los Angeles Times, the Black News Channel, which launched just before the pandemic, has ceased operations.
The newspaper said that the Tallahassee, Fla.-based outlet, whose majority stakeholder is Jacksonville Jaguars owner Shad Khan, failed to meet payroll on Friday after telling employees that paychecks would be delayed.

The Black News Channel reported has a staff of 230, and some current and former employees had previously filed a gender discrimination lawsuit against the network that remains pending.
Citing people briefed on the matter, the Times said Khan would no longer invest in the operations of BNC after shopping the channel to several media companies, including Byron Allen’s Entertainment Studios. Reportedly, Khan found no interest.
Before the Times report, Roland Martin broke the information that BNC failed to pay its employees this week.

Martin, the host of Roland Martin Unfiltered and owner of the Black Star Network, tweeted a memo written by BNC Human Resources Vice President Nicole Collins. The memo dated Friday, March 25, informed the staff that payroll “would be delayed.”
“We are actively working to resolve this matter quickly and will advise you with an update as soon as possible,” Collins wrote.
J.C. Watts
Staffers “are angry and demanding answers,” Martin tweeted. “I have been inundated with phone calls, texts, and emails from staffers on this issue.”
The media mogul said he spoke to BNC’s CEO Princell Hair, who advised that he’s working on getting employees paid.
However, Martin claimed staffers had been “left in the dark.” The concept of the Black News Channel began with former U.S. Rep. J.C. Watts, an Oklahoma Republican who brought in a group of initial investors.

After at least two delays, the channel finally launched after Khan kicked in $50 million and took the reigns as majority shareholder. In much of its first year, BNC filled its website from content provided by the National Newspaper Publishers Association (NNPA), the trade association of the Black Press of America.
NNPA President and CEO Dr. Benjamin F. Chavis Jr. frequently appeared on the channel providing commentary on various news topics.

Chicago
broken clouds
63.5 ° F
68.5 °
59 °
61 %
2.6mph
75 %
Fri
64 °
Sat
65 °
Sun
77 °
Mon
72 °
Tue
60 °

Latest articles

John F. Kennedy Middle school student’s letter sparks Civil Rights lesson

John F. Kennedy Middle School eighth-grader Sofia Mercado wrote a letter to Civil Rights advocate Edith Lee-Payne, prompting her to visit the school and speak to the entire eighth-grade class about her experiences in the Civil Rights movement.

Mother’s Day Sales Surge as Consumers Opt for Traditional Gifts

Retailers are expecting a big boost in sales on Mother's Day, with consumers likely to purchase flowers, jewelry, candy, and greeting cards to show appreciation to their mothers.

Tournaments at Romeoville’s Athletic & Event Center to be Live Streamed

The Romeoville Village Board has approved an agreement with LiveBarn to stream sports tournaments at the Athletic & Event Center, allowing scouts and family members to watch games from anywhere with an internet connection.

More like this

Mother’s Day Sales Surge as Consumers Opt for Traditional Gifts

Retailers are expecting a big boost in sales on Mother's Day, with consumers likely to purchase flowers, jewelry, candy, and greeting cards to show appreciation to their mothers.

Tournaments at Romeoville’s Athletic & Event Center to be Live Streamed

The Romeoville Village Board has approved an agreement with LiveBarn to stream sports tournaments at the Athletic & Event Center, allowing scouts and family members to watch games from anywhere with an internet connection.

Wine of the Week: Meet Marzia Varvaglione and Varvaglione 1921 Wine of Puglia in Southern Italy

Marzia Varvaglione, Business Developer & Marketing and Sales Director of Varvaglione 1921, has been leading the way in Pugliese winemaking, producing wines that are both traditional and innovative, and has been promoting the region's wines in over 60 countries.