Having a hard time finding for Black Businesses to shop at? No worries. The Black Shopping Channel has announced the successful completion of a deal worth 125 million. Black Shopping Channel will be using the proceeds to expand TV viewership nationwide! The channel will be on Comcast, DirecTV, and Time Warner.
Right now, Black Shopping Channel can be seen on Dish Network. As of now, the financing structure is a combination of debt and equity in affiliation with the New York Stock Exchange bank, according to Blacknews.com. CEO Cleveland Gary states that, “The added $125 million to the company’s balance sheet raises the Black Shopping Channel’s market value to a $700 million dollar company and growing.” Also from Blacknews.com, Gary says that “the Black Shopping Channel’s global internet presence will achieve TV-like revenue numbers with the added commodity of consumer’s purchasing products from mobile devices.” Other sources are anticipating 200,000,000 monthly visitors for the Black Shopping Channel via their website at ww.blackshoppingchannel.com.
The site enables Black business owners to own a free virtual store used to promote and advertise their products and give their business exposure to the high volume of monthly shoppers. Right now, BSC (Black Shopping Channel) is the only Urban television shopping channel that promotes products from Black and small business owners from all over the country. This channel alone is broadcast over national television, seen on DISH Network, cable, and FTA access, as well as 20,000,000 homes throughout the United States. With this new deal, more people will learn about Black-owned businesses as more small businesses and their products get more exposure.
We will be exposed to more infomercials about black products and services. So far, blackshoppingchannel.tv can be seen on 16 different network channels. If you want to learn more about how you can get your hands on Black-owned businesses, services, and products, click here at http://www.blackshoppingchannel.com/