[1] The network was structured to broadcast a tightly-formatted 30-minute newswheel 24 hours a day, incorporating freshly-updated information that covers various areas of interest (such as national news, sports, entertainment, weather and business).

NewsNet's primary studio facilities (which also houses master control operations of the network's flagship station WMNN-LD [channel 26] and dual MyNetworkTV/Cozi TV affiliate WXII-LD [channel 12]) were located on West 13th Street and 3rd Avenue in Cadillac, while its secondary studio facilities were located on Haggerty Road in Farmington Hills, Michigan.

The project called for LNN to be based out of WMNN's Cadillac studio facility, with the hope of eventually opening bureaus elsewhere around the United States.

The project failed to reach its funding goal of $100,000 needed to develop LNN – which would have been used to pay for equipment and staffing necessary to handle the national broadcasts – by the closure of the 50-day campaign on November 17, 2017, raising only $8,012 from 78 public backers.

[2][3][4][5] On March 15, 2018, Wotila and other partners involved in the LNN project announced the launch of NewsNet, which would maintain the concept originally developed prior to the commencement of the Kickstarter campaign.

In 2020, NewsNet picked up agreements from Coastal Television's ABC & FOX stations in Anchorage and Fairbanks, Alaska to start producing newscasts for them due to the economic impact of COVID 19.

On January 13, 2022, NewsNet and the rest of Freelancer Television Broadcasting's portfolio, including WMNN-LD and WXII-LD, were sold to investor Manoj Bhargava, with Eric Wotila retaining 10% ownership in the new company Bridge News, LLC.

[10] Under the terms of the deal, Bridge News would operate the stations via a time brokerage agreement with Freelancer Television Broadcasting.

[13] Hendrix was succeeded in July by Peter Ziemelis (a longtime executive producer at ABC affiliate WJRT-TV [channel 12] in Flint).

In the 4th week of September 2022, Bridge Media Networks announced it would acquire several LPTV stations in Las Vegas (KDNU-LD),[14] South Florida (WDGT-LD, WHMR-LD and WKIZ-LD)[15] and Detroit (WHNE-LD).