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.”

READ MORE via The Black Shopping Channel Announces 125 Million Dollar Deal | The Reel Network.