Cable TV outlet Black News Channel has abruptly shut down after two years on the air, and just after hitting new viewership highs during this week’s confirmation hearings for Supreme Court nominee Ketanji Brown Jackson. In a memo to employees, CEO Princell Hair cited “challenging market conditions and global financial pressures” for the decision to
Business
The four contenders vying to buy Chelsea Football Club will submit final bids on April 11, paving the way for a prospective new owner to seek government permission to take over from Roman Abramovich by the end of next month. Sky News has learnt that the remaining contenders have been notified by Raine Group, the
Tammy Williams is majority owner of a new television studio in Atlanta. Up until now, Tyler Perry was the only Black person to own studio space in the state, but this deal makes her the first Black woman to own a $135 million studio and post-production facility. According to Black Enterprise, has worked on making
Hundreds of people have demonstrated against P&O Ferries’ sacking of 800 staff at ports across the UK, with some chanting: “P&O, shame on you.” Protesters carrying banners and placards gathered in Dover, Liverpool, and Hull as part of what they called the “fight for justice” for the seafarers dismissed without notice earlier this month. The
EXCLUSIVE: The UCB Theatre is coming back as Mosaic founder Jimmy Miller and former CEO/Owner of The Onion Mike McAvoy have acquired the legendary comedy brand with the financial support from Elysian Park Ventures. As part of the acquisition, their plan is to reopen theaters in the coming months as well as completely rebuilding the Upright Citizens
P&O chief executive Peter Hebblethwaite has denied the company broke criminal law when sacking 800 workers and told remaining staff they should not fear the same fate as their former colleagues. In a message sent to all remaining staff this morning seen by Sky News, Mr Hebblethwaite sought to reassure employees their jobs are not
EXCLUSIVE: Sugar23 has signed multi-hyphenate Rachel Bloom. Bloom is an Emmy Award winner best known as the co-creator and star of The CW’s Crazy Ex-Girlfriend. She is currently in production on Steve Levitan’s Hulu comedy series Reboot, and it was most recently announced that she will star in Bar Fight, a comedy from writer/director Jim
The owners of the Chicago Cubs are drafting in a heavyweight investment bank as they attempt to salvage their bid to buy Chelsea Football Club. Sky News has learnt that the Ricketts family and Ken Griffin, the Citadel hedge fund billionaire, are in talks to appoint Lazard to advise on their offer for the Stamford
Paramount Global is raising $1 billion in fresh cash through a bond sale expected to close March 29. It said it intends to use proceeds from the offering for general corporate purposes — which may include paying down debt. The company formerly known as ViacomCBS rebranded last month in a nod to its storied studio
Transport Secretary Grant Shapps has said the boss of P&O Ferries should quit for his “brazen, breathtaking arrogance” in admitting “breaking the law” in sacking staff. The cabinet minister also said he would change the law to force a U-turn and prevent the ferry operator paying below minimum wage to its crews. It comes after
The IDA has announced the hiring of two senior staff members and a consultant, in what the embattled organization calls “a major step forward.” Arts administrator and film festival programmer Keisha Knight has been appointed director of IDA Funds and Enterprise Program, a critical role that involves interfacing with grant-making entities that fund IDA initiatives.
A string of bidders for Chelsea Football Club including the former US ambassador to the UK have been eliminated from the £3bn auction of last season’s Champions League winners as the hunt intensifies to find Roman Abramovich’s successor as owner. Sky News has learnt that a number of bidders including Woody Johnson, owner of the
Hollywood movies are more ethnically diverse than ever according to a new report from UCLA, which found that women and people of color “have made enormous gains” over the past decade in their share of leading roles in top-performing films. UCLA’s “Hollywood Diversity Report 2022,” released Thursday, found that the percentage of leading roles played
Rishi Sunak has defended his spring statement amid much criticism as he argued the UK is recovering from its biggest shock in 300 years. The chancellor said he knows families are struggling with the rising cost of living and that is “why I announced a tax plan which delivers the biggest net cut in personal
The Gotham Film & Media Institute has begun accepting applications for the fourth cycle of its Gotham EDU Film and Media Career Development Program, with submissions to close on April 4. This summer, the hybrid program will look to provide two cohorts of approximately 20 students with a working knowledge of the various sectors within
Budgets – and let’s make no bones about it, today’s Spring Statement was significant enough to qualify as a budget – tend to follow a time-honoured pattern. The chancellor unveils his measures, makes a big noise about them in the House of Commons, and then – sometimes over a few hours, sometimes over a few
With a career history in the Event Planning and Entertainment industries, Wendy Dahl was the perfect choice as Chief Growth Officer for Covid Clinic. Her role encompasses expanding the organization’s reach to patients in the community at large. Dahl previously worked as an advertising analyst and media buyer for Western Dental where she worked with
Former Secretary of State Hillary Clinton announced today that she has tested positive for Covid. Clinton, 74, said on Twitter that she has “some mild cold symptoms” and that former President Bill Clinton, 75, tested negative but was quarantining. The former president was admitted to a Southern California hospital for a few days last fall
The annual rate of inflation has hit 6.2% as the chancellor prepares to outline how he will help households with soaring living costs in his Spring Statement 2022. The consumer prices index (CPI) increased in February from 5.5% in January and remains at the highest level in 30 years, according to the Office for National
AT&T chief executive John Stankey’s compensation totaled $24.8 million last year, up from $21 million the year earlier. According to a proxy statement filed with the SEC, retired CEO Randall Stephenson made $16.3 million in 2021 (down from $29 million). Stephenson stepped down as CEO after 13 years at the helm in July of 2020