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The Guardian - US
The Guardian - US
Business
Jessica Glenza

Black News Channel shuts down after backer declines to fund it further

The Black News Channel hosts Mike Hill, left, and Sharon Reed with CEO Princell Hair in posed portrait
The Black News Channel hosts Mike Hill, left, and Sharon Reed with CEO Princell Hair. Photograph: AP

The Black News Channel, a cable news station focused on serving Black viewers, ceased operations on Friday afternoon after its billionaire backer declined to provide more funding for the startup.

Many of the news channel’s journalists left careers at established media organizations to join the start-up, in hopes of bringing news to a historically underserved audience. One of the station’s presenters, Marc Lamont Hill, told the Hollywood Reporter the station had “an incredible assignment” and would work to “fill the void” for neglected audiences at a relaunch one year ago.

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