Business News Television Featured
Allen acquired the network for $11 million after approval from a Florida bankruptcy court, according to a company press release.
In a letter obtained by theGrio, members of Congress call out the gap in the government’s advertising spending on Black-owned media.
Entertainment News Featured Crime
Watson’s letter to investors last month noted that Ozy execs had “heard from” both the Justice Department and the SEC.
Black History Month Entertainment Featured
Journalist Roland Martin talks about co-hosting this year’s Urban One Honors dedicated to Black women. He also discusses Black media.
On his REVOLT site, Combs joined the chorus calling out the racism behind General Motors’ limited spending with Black media companies.
Business News Featured
“I’m very proud of Verizon,” Allen told Deadline, “coming to the table to make sure we have real economic inclusion for Black-owned media.”
General Motors responded to allegations of racism by announcing plans to increase ad spending with Black-owned media,