BREAKING: Black News Channel shutting down
- Thread starter SnugglesDaBear
- Start date
fukk that Trojan Horse propaganda bullshyt 
I fukk with the Real, New Black Media
I fukk with the Real, New Black Media
nikka stop lying. Most beautiful atmosphere. fukk out of hereIts saul good I knew it was coming a long time ago like during the summer I was like hol up shyt aint adding up how we growing so fast
I just aint feel like lookin for a job so I went down with the ship
Plus it was the most beautiful atmosphere I've ever worked in with majority black folk, all intelligent, cool ass people, who were relatable cause we been through the same stuff and have conversations in the open that only black folk have.
nikka really selling a black utopia.
The quicker you get over this shyt. The more you going to have a realistic view on life.
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Slow lil boy, how can I be Jamaican if my pops is fba?
And he’s closing the c00ns, if you offended, then he’s talking to you
get these nets
Veteran
So the network was the idea of congressman JC Watts and some other investors. And he was a republican but the aim wasn't to be pro publican it was sposed to be news for black folk by black folk. He was pretty much hands off for the most part. So in order to get funding they had to get some grants and stuff and one of the stipulations was that it had to be tied to a hbcu and FAMU was the choice. So for the first 6-8 months it was a bunch of young inexperienced people and some experienced people sprinkled in. So the product was bad, and the network wasn't on cable so the visibility was low.
Then Khan buys in like June or something in 2019 after it had been up a few months. So he's the big money man and he hires a new CEO.
So now its a flush of money coming through but it's majority Khan dough. And he's hands off other than the money part. Dude only been to the network once (ill say more on that later).
So the CEO does a rebranding, and makes a buncha huge name oncamera hires that cost a lot of money (nothing against them getting paid) and executives who happened to be his friends to a lot of big contracts. Lot of them aint do shyt. So round Feb 2021 the relaunch happens. Got rid of old tired graphics. New anchors new shows being rolled out. But they Hired a ton of staff, way too many people for the amount of work there was. And also hired a lot of people at a high clip cause it take a lot of money to get a nikka yo move to Tally () but also Khan has a bigger vision. He wants to move the HQ to Atlanta which makes perfect sense and since he's the money they tie to FAMU wasn't needed but they still had to keep a studio there for tax purposes. So a lot of people upped and moved here cause it was like do a year or 2 in Tally then bounce to atl.
So the relaunch is rocky and there was 0 outside marketing so most black folk didn't know we existed. So they dropped the ball on that. And marketing is everything. During the summer of 2021 CEO comes and is like we doing great we're going to start a digital only platform so thats 3 more shows, 3 more teams of producers,3 more teams of production assistants etc so network growing fast very fast. Still don't know the numbers or if we making money or not but everybody figure we gotta be alright cause all this expansion happening but at the same when you'd talk to somebody they wouldn't know we exist.
So we going along bloated staff, bloated production cost because you gave majority of the anchors in home studios due to the pandemic and none wanting to move to fukkin tallahassee (dont blame em) mind you they supposedly building a studio in atl and thinking we actually making growth cause CEO got us on cable and a buncha streaming platforms. But thats a lot of money being burned through.
So December rolls around. Urban Meyer get caught rim running a white girl bootyhole and get clipped. Next day Khan comes to town for like the 1st time that i know of. He came through and said let me see the books. Books looking sadder than than a clown with no jokes.. then bam next day get hit with layoffs where they cut a ton of staff some folks had to take payouts or leave and cut shows.
Also there are lawsuits that are hanging over their heads. Discrimination shyt, folks getting yelled on, women making less (even though that shyt aint gon happen) and so thats payouts.
And you can't sell cause who gon buy a business and take on their lawsuits when the place is barely above water?
So right then a lot of folks said dueces and started getting new jobs.
Yesterday they were like its gon be a delay on yall direct deposit i was like yep we got bout 3 days left at that.
So its basically due to a lot of overspending and lack of knowing what the fukk to do by the CEO. Burned through millions on bullshyt cause he aint have a good plan or timeline.
But one thing for sure Shad Khan aint to blame cause he pumped a ton of money into this place and stayed hands-off for the most part. The CEO fukked everything and Khan wasn't seeing a ROI so you can't blame him. But BNC shutting doors is because he hasn't seen a profit in a year and a half he's a businessman and made a smart business move.
Oh yeah yall celebrating a lot of good black folks unemployed now. A lot of folks who wanna bring the topics that aren't talked about on TV anywhere else. We had convos on shyt that gets talked about on here everyday. I put breh with the comic book on air.
So aint really shyt to Celebrate cause aint nobody else doing shyt like that on cable TV.
Respect for breaking it down. I hope you land on your feet.
Put in work for what? Just keep it real and say that it was a business endeavor that wasn’t turning in a profit. That’s just the unfortunate reality of any business and anyone would any ounce of business sense would realize that.
The only thing they should have to answer for is withholding employees paychecks.
Detroit Wave
Veteran
Only them fake jew cacs in israel follow the mother bloodline for lineage
ALonelyDad
Veteran
I was more so referring to second part, he did after but it’s just not a good look. I don’t blame him for shutting it down, I saw the YT views, no one was watching
Roland Martin broke it down perfectly. They mismanaged everything from the beginning. Should of been a digital platform. What the hell were they going to do with just $50 million against the big dogs ?
Tribal Outkast
Veteran
It’s sad that the news of them shutting down is Bigger than the station itself. Oh well
Even $50 million isn't enough to compete in the digital space against the big dogs who already have their own established platform and viewer base.
Family Man
Banned
Exactly. That's why I don't trust these supposedly problack voices. Most of them are just there to make sure that nikkas don't wonder off too far off the plantation.