By Jasmine Browley ·Updated July 28, 2022
Byron Allen is adding yet another powerhouse media platform to his growing investment portfolio.
It was recently reported by Variety that the mogul acquired the Black News Channel for $11M following the news of their bankruptcy. Formerly owned by Jacksonville Jaguars owner Shahid Khan, it was announced that Allen plans to leverage the channelto provide content for viewers who looking for culturally competent news.
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