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 Black Stats  
Frequently requested data on African American consumers

Black Buying Power:
 $836 Billion (2010)

Black U.S. Population:
 41.1 million

Top Five Black Cities
 - New York
 - Chicago
 - Detroit
 - Philadelphia
 - Houston

Top Five Black Metros:
 - New York-New Jersey
 - Washington-Baltimore
 - Chicago-Gary
 - Los Angeles
 - Philadelphia

Top Five Expenditures:
 - Housing $203.8 bil.
 - Food $65.2 bil.
 - Cars/Trucks $29.1 bil.
 - Clothing $29.3 bil.
 - Health Care $23.6 bil.
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Radio One updates its guidance on Q2 revenues with a positive outlook

(March 21, 2011) Radio One, Inc. has announced that its core radio revenues for the second quarter 2011 "are pacing up mid to high single digits" compared to the same period in 2010.

"Q2 is historically our biggest quarter for radio revenues, so it is encouraging that we are pacing strongly compared to prior year," said CEO Alfred Liggins. "May and June pacings have been strengthening over the past few weeks and both months are now pacing up double-digits. This data is helpful in the context of the full year guidance that we have previously provided, and which we continue to affirm."

Radio One is a diversified media company that primarily targets African-American and urban consumers. It is one of the nation's largest radio broadcasting companies, currently owning 53 broadcast stations located in 16 urban markets in the U.S.

As a part of its core broadcasting business, Radio One operates syndicated programming including the Russ Parr Morning Show, the Yolanda Adams Morning Show, the Rickey Smiley Morning Show, CoCo Brother Live, CoCo Brother's "Spirit" program, Bishop T.D. Jakes' "Empowering Moments", the Reverend Al Sharpton Show, and the Warren Ballentine Show. Radio One also owns a controlling interest in Reach Media, Inc., owner of the Tom Joyner Morning Show and other businesses associated with Tom Joyner.

Radio One owns Interactive One, an online platform serving the African-American community through social content, news, information, and entertainment, which operates a number of branded sites, including News One, UrbanDaily, HelloBeautiful, Community Connect Inc., an online social networking company, which operates a number of branded websites, including BlackPlanet, MiGente, and Asian Avenue and an interest in TV One, LLC, a cable/satellite network programming primarily to African-Americans.

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 ORDER TODAY!
New "Buying Power" report: Black consumers spend as economy grows
Details $507 billion in expenditures

African-American consumers are cautiously increasing their spending in some key product categories, even as they continue to make adjustments in a slowly growing economy. The finding comes from the 16th annual edition of "The Buying Power of Black America" report published by Target Market News..

In 2009, black households spent an estimated $507 billion in 27 product and services categories. That's an increase of 16.6% over the $435 billion spent in 2008. African-Americans" total earned income for 2009 is estimated at $836 billion...

Story continued...






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