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Roland Martin’s ‘NewsOne Now’ Canceled

LORDT! TV One has pulled the plug on Roland Martin‘s “NewsOne Now” talk show.

According to Page Six, the network axed the daily morning show due to budget cuts.

“They called a meeting on Wednesday and told the staff they were canceling the show. They’re having significant financial problems and they have to scale back,” a source said. “After four years of award-winning programming and distinguished service to our viewers as the only black daily newscast on television, the network has made the difficult decision to suspend the production of NewsOne Now as a daily morning news show. The last live show is scheduled [Dec. 21],” TV One’s interim GM, Michelle Rice wrote in a memo.

The news shocked staffers — including Martin — as the network just expanded the morning show to two hours in September.

“There were lots of tears … The staff was completely caught off guard,” our source said.

The memo added: “While we will continue our long-standing partnership with Roland Martin to ensure his important voice can be heard across all Urban One platforms examining issues of importance to the black community, we regret this decision adversely affects several of our valued colleagues whose positions will be eliminated with the suspension of the show.”

This morning, Roland dropped this tweet on his timeline:

Quality TV is going up in smoke.