Jacksonville Jaguars owner will invest in national 24-hour black news channel

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TALLAHASSEE, Fla. – Jacksonville Jaguars owner Shad Khan announced that he will be the majority investor in the nation’s only 24-hour news network aimed at African American viewers, giving the network a deep pocket as it launches next month.

The network has been in the works for years and an announcement about its launch was made earlier this year. But Khan’s backing gives it a substantial boost.

“I am a big believer in the fact that we have a number of communities, obviously especially the African American, who are underserved,” Khan said in a phone interview. “We know the mission, but I’m hoping that as time goes on this becomes a bridge to connect all the cultures, including obviously south Asian, which I am. This is a great worthwhile cause. I want to see it happen.”

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Article submitted by, PragDem.