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The Independent UK
The Independent UK
National
Via AP news wire

Black News Channel shuts down days after ratings high

Copyright 2019 The Associated Press. All rights reserved.

The Black News Channel has pulled the plug after the 2-year-old venture failed to meet payroll and lost the backing of its biggest investor.

Princell Hair, the company's president and CEO, told employees Friday in a memo that the news network was ceasing live production and would file for bankruptcy. BNC was available in some 50 million homes with cable and satellite but had failed to attract many viewers.

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