Black News Channel Might Have a Buyer

There may still be life yet at Black News Channel.

Word is that the owner of Ebony magazine is close to a deal acquire Black News Channel out of bankruptcy.

While BNC basically laid off most of the staff, if Ebony buys the channel they could revive the cable news network.

Lawyers for Black News Channel said in papers filed in the U.S. Bankruptcy Court in Tallahassee, Fla., that they are close to designating Ebony Media as the new owner of BNC.

The deal would require the bankruptcy judge in the case to approve the deal.

No word if Ebony would be bringing former BNC employees back, or if they would want to come back.

Stay tuned….