Nielsen’s 10th-Year African American Consumer Report Explores The Power Of The Black Community From Moment To Movement
For 10 years, Nielsen has been dedicated to telling the story of the power of Black consumers and their diversity, long before the call for social justice sounded. According to "The Power of the Black Community – From Moment to Movement," the 10th annual report in Nielsen's Diverse Intelligence Series on African American consumers, Black influence on the economy and pop culture continues to drive not only significant moments in history, but drive change across industries and digital platforms. From video streaming, radio listenership and podcasting to buying Black and
Comcast and Revolt Reach New Deal Expanding to 30 New Markets
Comcast and REVOLT, the unapologetically Hip Hop content platform from Sean “Diddy” Combs, have reached an agreement to significantly expand its availability to Xfinity TV customers across the country in new and existing markets. As of September 29, REVOLT has been added in HD to the Xfinity Digital Starter package in Philadelphia, Northern New Jersey, Orlando, West Palm Beach, Ft. Myers, Jacksonville, Tampa, Knoxville, Indianapolis, Charleston, and Augusta, making the network available to millions more Xfinity customers. Additionally, in markets where REVOLT has been available in standard definition
Digital women empowerment course “The Pink Pill” passes $1 million in sales
Black entrepreneur Christelyn Karazin has launched a digital empire with her online courses developed specifically for the empowerment and advancement of black women. Her series of digital courses, The Pink Pill, has surpassed $1 million in sales revenue less than two years into the launch of her original flagship course. The Pink Pill, The Pink Pill For College and The Pink Pill For Business are comprehensive online courses developed by Christelyn Karazin and a team of advisory experts that leverage digital platforms, providing guidance on how to succeed, whether a woman is
Distribution deals bring Black-owned whiskey brand ‘Guidance’ to store shelves in 5 states
NASHVILLE—Black-owned brands are suddenly in demand, and serial entrepreneur Jason Ridgel is in high spirits after sales of Guidance, a whiskey brand he owns, skyrocketed in recent months. Guidance is making a name for itself as one of the few black-owned premium craft small-batch whiskey brands available for purchase online and in stores in Tennessee, Kentucky, Florida, Georgia and California. It’s part of a growing black-owned spirits movement. Since launching in 2018, Guidance Whiskey has made its product available for purchase online in 43 states. The company recently inked a
Fifth Third Foundation Empowers Program Black, Women-Owned Entrepreneurs with New Program
Fifth Third announced an exciting new $1.2 million program called Innovation meets Main Street: Boosting Black Women-Owned Businesses, a partnership between AEO and LISC powered by Fifth Third Bank. The program is made possible by grants from the Fifth Third Foundation to Local Initiatives Support Corporation (LISC) and the Association of Enterprise Opportunity’s (AEO) MainStreet RISE program. The funds are part of the $8.75 million Fifth Third pledged to support small businesses and the community during the COVID-19 pandemic. Fifth Third’s Senior Vice President and Chief Enterprise Responsibility Officer Byna Elliott said,
Detroit-Native & Former Record Exec Launches New Music Streaming & Analytics App Deepr
Detroit-native and former Motown Records Business and Legal Affairs Executive Darrell Thompson is shaking up the music tech industry as co-founder & COO of the music data company, Deepr®. It is a Black-owned tech start-up that has developed a music discovery app for consumers and a data insights platform for creators, the music industry, and the film and television industry. Like Shazam, the Deepr® app utilizes audio recognition and manual search inputs to provide everything you could know about who was involved in making the songs you enjoy.
Accenture Introduces Black Founders Development Program
Accenture has created the Black Founders Development Program to aid Black entrepreneurs, especially Black tech startups. According to a statement released by Accenture, the program is designed to "advance and grow technology businesses through greater, more direct access to venture capital, corporate mentorship, and strategic connections with Accenture’s business partners, clients, and people." They are aiming to increase Black access to wealth and fuel the next great innovators. "Black entrepreneurs continue to innovate but face bias and lack access to capital and opportunity in the venture capital community,
Two Black Owned Banks Merge Forming a Billion Dollar Lender
Broadway Financial Corporation (LA) and City First (Washington DC) have merged to create the largest black owned bank in the country. Together they have combined assets to become a billion dollar lender. City First chief executive, Brian E. Argrett, will operate as chief executive of the new company. City First will be the banking brand while Broadway Financial Corporation will maintain its publicly traded identity as the bank's holding company. “The new combined institution will strengthen our position and will help drive both sustainable economic growth and societal
Black Owned Celldration Premium Water Signs Historic Distribution Deal For 1100 Kroger Stores
CellDration Water, one of only a handful of Black-owned Premium water brands in the world, has partnered with Cincinnati based Kroger Inc, Wakefern (NJ), and DPI Specialty Foods (CA) for distribution in over 1100 stores nationwide, represented by six divisions and spanning sixteen states. Kroger corporation includes other retail grocery brands Ralph’s, Smith’s, and Fry’s. Utilizing a proprietary five (5) step process, and founded at the nexus between nature and science, CellDration Water offers an enhanced, mineralized purified water with multiple value-added benefits. CellDration’s game-changing national distribution
WHO’S WHO IN BLACK RELAUNCHES WITH NEW WEBSITE
DETROIT – Who’s Who In Black, a Real Times Media subsidiary, announces a new initiative to build a dedicated online community of African American professionals. The new initiative recognizes the growing need to provide African American professionals of various backgrounds the opportunity to connect and grow. Furthermore, it represents a shift in the ethos of Who’s Who In Black (formerly Who’s Who Publishing). “In the past, only select markets could be a part of the network,” said Hiram E. Jackson, CEO of Real Times Media, “But we listened