Media and entertainment mogul Byron Allen believes the news and media industry needs more inclusion, an issue he will address now that he is the owner of the Black News Channel (BNC).
In July, Allen was approved by a Florida bankruptcy court to buy BNC for $11 million from the network’s former owner Shahid Khan. BNC is now part of Allen Media Group’s company portfolio of 12 television networks, including the Weather Channel. The acquisition also brought a change to the network’s name: it now goes by TheGrio, the West African term for storyteller.
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