Reported in the BuzzBoard "Northern Lower Michigan/Eastern U.P." Forum but pertinent to this Region.
Farmington Hills-Based NewsNet Shuts down.
From
Crain's Detroit Business (paywall)
5-Hour Energy founder shuts down news network he bought 2 years ago, laying off 80
Metro Detroit businessman Manoj Bhargava has shut down the television news network for which he once had big plans after just two years of ownership.
[...]
The company announced Friday that both networks (news & sports) would shut down permanently, resulting in the layoffs of 80 employees.
[...]
A lack of dedicated audience was the reason for the ceasing of operations, according to Bhargava.
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NewsNet was not carried on local cable, was available OTA on WHNE ch. 3 which is not able to be received by most viewers in this market. Article says he had 150 diginet station affiliation, was on 35 streaming services, and had an App.
Never ever saw any promotion of any kind, so seems like building a "dedicated audience" wasn't happening.
Farmington Hills-based "NewsNet" shuts down
Re: Farmington Hills-based "NewsNet" shuts down
Dude always seemed a little shady to me, anyway that's 80 people locally that now need to find a new gig, some I know.
Re: Farmington Hills-based "NewsNet" shuts down
I just checked the NEWSnet website and FB page and, yes, they are still streaming but all the newscasts (Morning, Midday, Continuing Coverage and Evening) are the ones that aired on Thursday. Word is while they haven’t technically “pulled the plug”, operations have ceased.
Re: Farmington Hills-based "NewsNet" shuts down
Hopefully Jill Washburn comes back to local stations .
Re: Farmington Hills-based "NewsNet" shuts down
Is the Southfield based Trinity channel still carried as a sub channel to TCT? Aka ABN