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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 ABC News CBS executive Kimberly Godwin has been named the next president of ABC News, becoming the first Black woman to lead a major broadcast news network. She replaces James Goldston, who left the network last month after seven years in that role, and will start in early May. Godwin will oversee editorial and business operations for broadcast, digital, streaming and audio news across the organization, including the No. 1 programs "Good Morning America," "World News Tonight with David Muir" and "20/20," and the growing streaming channel ABC

Graham Media Group today announced that Caroline Chambers will join the company as its first Senior Director, Diversity & Inclusion effective November 2. Most recently, Chambers was the Vice President, National Director of Diversity Initiatives for Comerica Bank. In that role, she was responsible for internal and external diversity program management including market segment business development teams, employee resource network groups, diversity training, image consulting and philanthropic outreach to diverse communities. Prior to that, Chambers also served as Comerica Bank’s Vice President, National Director of Corporate Contributions and Charitable

VICE Media Group CEO Nancy Dubuc announced that the company has appointed veteran marketing, brand and communications leader Nadja Bellan-White to its executive leadership team in the role of Global Chief Marketing Officer. Bellan-White will be the first to assume the newly-created global position, uniting VICE Media Group’s portfolio and teams across marketing, branding and communications internationally under one pillar. She will be responsible for aligning the company’s worldwide brand narrative across its five businesses and will amplify VICE’s authority as the world’s leading youth media brand, maximizing