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United States Bankruptcy Court Approves $11 Million Sale of 'Black News Channel' Assets to Allen Media Group Byron Allen's Allen Media Group (AMG) is proud to announce that the Northern District of Florida, Tallahassee Division of the United States Bankruptcy Court, (Case No. 4:22-bk-40087-KKS) issued an order approving the sale of "substantially all of" Black News Channel (BNC) "assets free and clear of all liens, claims, encumbrances and interests" to AMG's networks division. AMG is acquiring BNC out of bankruptcy for $11 million from billionaire Shahid Khan, owner of the NFL's Jacksonville Jaguars franchise. Khan invested over $100 million into BNC. AMG's acquisition of BNC will add 300 million linear and digital

Courtesy of Black Information Network Lt. Gen. Michael E. Langley is set to become the first Black four-star general in the Marines' 246-year history as head of U.S. military forces in Africa, the Washington Post reports. Pending Senate confirmation on Thursday (July 21), Langley will become the Chief of U.S. Africa Command. The historic confirmation would elevate Langley as the only Black man to have become a four-star general, an honor that has been accomplished by more than 70 white men in the Marines' history. Black men have previously become four-star generals in the Army, Navy, and Airforce, while

Courtesy of Black Information Network Photo: Getty Images An HBCU grad who comes from a family of sharecroppers is the man behind the James Webb Space Telescope project, which recently unveiled groundbreaking images of distant galaxies, New York Times reports. Gregory Robinson brought the long-stalled NASA project back on track after years of delay and unanticipated costs when he came on as program director in 2018. The James Webb Space Telescope project started back in 2002 and was first scheduled to launch in 2010. A myriad of problems continued to push back the launch date costing NASA over

Courtesy of Black Information Network Zendaya has made Emmys history once again! On Tuesday (July 12), the 74th Annual Emmy Awards nominees were announced and for the second year, Zendaya made history thanks to her work on Euphoria. The 25-year-old actress, who plays Rue on the hit HBO drama series, also serves as an executive producer for the show, which was nominated in the Outstanding Drama Series, making her the youngest woman to receive a producing nomination at the Emmys. Zendaya also landed a nom for Outstanding Lead Actress In A Drama Series, making

Courtesy of Black Information Network The nation's first African American female Secretary of State is joining the Denver Broncos as a minority owner of the team, CBS Sports reports. On Monday (July 11), the Broncos announced the addition of Condoleezza Rice to its ownership group. Rice joins the ranks of Mellody Hobson, who became the first Black female NFL owner with her addition to the Broncos last month. "A highly respected public servant, accomplished academic, and corporate leader, Secretary Rice is well known as a passionate and knowledgeable football fan who has worked to make the sport stronger and

By Hiram Jackson Fresh off of the Juneteenth and the Fourth of July independence celebrations, most Americans are getting back to business and addressing the sometimes arduous challenges of everyday life. In particular, financial challenges are a fact that is becoming more difficult and even taxing for many Americans, particularly Black Americans. Historically, Blacks have suffered severe economic and wealth disparities coupled with the educational and social inequities that have been an ongoing reality for centuries in our daily living. True, these issues were exacerbated by the pandemic, but even before the pandemic, we were

Dwayne Ashley is renowned for his bold, strategic thinking and wise counsel in philanthropy. He is a successful entrepreneur in the course of his career, he raised more than $ 1 billion. He is committed to social justice and helping organizations of color maximize their fundraising success. He’s also visited more than 100 countries and according to sources close to Mr. Ashley – he makes a mean mac n cheez.   We welcome Dwayne Ashley to the spotlight – Mr. Ashley what a pleasure to see you! https://youtu.be/tXdtRa2EfIg Bridge Philanthropic

Sandra Douglass Morgan made NFL history on Thursday (July 7) after the Las Vegas Raiders hired her to serve as the team's president. She's now the first Black woman to have that position, according to CNN. When asked what the important moment means to Morgan, she says she wants to continue breaking barriers in the league. "I have been the first in other positions that I've held whether it be city attorney or Gaming Control board," Morgan said during a news conference at Allegiant Stadium in Las Vegas. "I definitely never want to be

New York, NY – The National Football League (NFL) announced today its partnership with Contract with Black America Institute (CWBA), an economic inclusion-focused initiative led by artist and entrepreneur O'Shea Jackson, also known as Ice Cube. The CWBA and NFL partnership enhances the NFL's dedication to increasing economic equity and partnerships with Black owned businesses. The collaboration focuses on identifying League-wide opportunities in the financial, tech, and production sectors, with a concentration on increasing direct and indirect spend to national Black businesses to help close America's racial and

San Jose Sharks (@SanJoseSharks) Owner Hasso Plattner today announced that Mike Grier has been named as the team's general manager. Grier becomes the fifth general manager in the Sharks franchise history, preceded by Doug Wilson (2003-22), Dean Lombardi (1996-03), Chuck Grillo (1992-96), and Jack Ferreira (1991-92). He has the distinguished honor of becoming the first Black general manager in the history of the National Hockey League. In this role, Grier will have overall authority regarding all aspects of the Sharks hockey-related operations, including overseeing all player personnel decisions, leading the