FTVLive FIRST told you that Black News Channel employees were told there was a problem with employee paychecks that were supposed to be handed out.

FTVLive showed you the memo that was sent to employees that informed them there was a problem with deposits into employee accounts.

FTVLive told you that we had been hearing that Black News Channel was on the verge of shutting down and it was not expected to make it through the Summer.

Well, it appears that it isn’t going to make it through March, as a number of sources tell FTVLive that BNC is shutting down as of today.

Back in January, FTVLive told you that BNC was on “death watch” and we expected that it would not be lasting much longer.

So far, the staff has not been officially told that the channel is shutting down, but it is expected that they will be told that news today.

BNC never gained any footing when it came to ratings and shows would often pull just a few hundred, or maybe a few thousand viewers.

The network was based out of Tallahassee, Fla and when Princell Hair was brought into run the network, he talked of moving the operation to Atlanta, but it really never made it past the talking phase.

FTVLive has told you about the massive layoffs that have been going down at BNC for months and now it appears to be all but dead.