Posted inThe Narrative Matters

Media Mogul Byron Allen Acquires Black News Channel for $11 Million

Byron Allen’s Allen Media Group is acquiring Black News Channel LLC out of bankruptcy for $11 million as he seeks to revive a cable news network that provided Black Americans’ perspective on current events before shutting down earlier this year. Allen’s company is acquiring “substantially all” of BNC’s assets for $11 million, with a bankruptcy court […]