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Radio Moves and Media Quick Takes


Angela Yee is set to broadcast her last show on The Breakfast Club on Friday. Cardi B called in to the show on Thursday and suggested that she might like to sit in as guest host. It appears that the replacement plans for Yee are still up in the air. The Breakfast Club will move into new studios in January.


98.7 ESPN Radio New York shakes up their lineup with more local programming. The Michael Kay Show with Hot 97's Rosenberg of Ebro in the Morning remains in place. Bart & Hahn will leave the national ESPN Radio lineup. In January they will be heard exclusively on 98.7 FM discussing New York sports from 12-3pm. ESPN New York trails Sport Radio WFAN in ratings across the board as these programming changes were expected. >Read more...


Amy Robach and TJ Holmes of GMA3 hosted the show today as usual. The anchors on Good Morning America's 3rd Hour that airs in the afternoon on ABC are involved in an extramarital affair as reported by the London based tabloid The Daily Mail. ABC execs have been holding “emergency meetings” to address the mayhem since news broke of the affair. Disciplinary actions could be forthcoming...


CNN boss Chris Licht cut all live programming and has laid-off long time host Robin Meade at its sister network HLN, once known as Headline News. A number of reporters on CNN have lost their jobs as well.


Radio One's R&B station Magic 95.9 lands in second place in Baltimore's radio ratings with a 7.4 share of the audience 6+...


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July 20, 2022

Byron Allen's Media Group Buys The Black News Channel for Only $11 Million

Allen Media Group has acquired a bargain in terms of purchasing a nationwide cable channel that's available in 45 million homes. 


The Black News Channel previous owner Shad Khan, owner of the NFL Jacksonville Jaguars sunk over $100 million into the company since it's launch in 2020. BNC shut down most of it's new programming and all prime time on-air hosts were let go in March and the channel has been virtually on repeat mode since then. Khan no longer saw the channel as profitable and filed bankruptcy.



Byron Allen’s Allen Media Group (AMG) is acquiring BNC’s assets for $11 million. The deal was accepted by the bankruptcy court in Tallahassee, Florida and formally signed off on the sale. The Black News Channel now has plans to revive the cable news outlet and significantly grow its distribution footprint.



Allen says that his company “will deliver a best-in-class network to serve the underserved African American community and the advertisers who want to reach this extremely valuable audience.



Allen's AMG owns The Weather Channel, 27 local TV stations in 21 markets, and digital brands like The Grio and Comedy.TV. Last year Allen attempted to purchase the cable giant Comcast/Xfinity. 

Updated






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