HOME | STATS | PUBLICATIONSREGISTER | ADVERTISE  | CONTACT US | SEARCH


 Register Here 
STAY IN-THE-KNOW!
Are you getting the latest industry news when it happens via
e-mail
?



Click here for free delivery of the Target Market News Bulletin
You'll receive news of breaking stories, exclusives, updates and headlines on the latest developments in African American marketing and media


 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.
______________________
Q
uick access to key stats
U.S. Census 
Bureau Data

Click here to go to African-American Census Bureau data

_____________________


Copyright
(c) 2011 by
Target Market News Inc.

All rights reserved
Business address:
228 S. Wabash Ave.
Suite 210
Chicago, IL 60604
t.  312-408-1881 
info@targetmarketnews.com

Comcast accepting proposals for African-American independent cable channels

(April 4, 2011) Comcast Corporation today announced that it is taking the first steps to launch ten new independent channels over the next eight years, including eight that are Hispanic and African American owned or operated.

"Comcast is committed to providing opportunities for diverse businesses to expand and grow," said David Jensen, Vice President of Content Acquisition for Comcast.  "We look forward to considering a number of fresh and viable programming proposals from Hispanic and African American programmers to create new channels that will complement the robust lineup of programming choices we already offer our customers."

Of the ten new channels scheduled to be added, Comcast is now accepting proposals for the first three.  One of the channels, which Comcast intends to launch by July 28, 2012, will be American Latino operated and programmed in English.  The other two will be majority African American owned and will launch by January 28, 2013.  Ultimately, each of the ten networks will be added on select Comcast systems as part of the D1 digital tier.

The commitment to launch ten new independently owned and operated networks over the next eight years is one of a series of public interest commitments made by Comcast in connection with the NBCUniversal transaction completed earlier this year.  Of the ten channels, four will be majority African American owned, two will be majority Hispanic owned and two will be operated by American Latino programmers.  These criteria were established based on several agreements Comcast entered into with leading diversity organizations.

In addition, Comcast recently announced it was expanding carriage of Mnet, the only 24/7 English-language nationwide television network in the U.S. targeting Asian Americans and fans of Asian pop culture, satisfying a commitment in its agreement with leaders of the Asian American community.

Those who are interested in learning about the terms and conditions of the channel submissions may visit www.comcast.com/diversityproposal.  Proposals are due by May 31, 2011.


Go to Target Market News homepage


RECENT STORIES
New York City to challenge Census results; Says black population in error

Black Cable TV Ratings for Week of March 21 - 27 'The Game' leads BET's sweeps of top spots on the chart of cable favorites

Black TV Ratings for Week of March 21 - 27 Black households deliver big win to CBS for NCAA's Sweet 16, Elite 8

Sprite moves beyond controversy and brings back its Step Off competition

Amtrak unveils multicultural programs for National Train Day observance in May

Coca-Cola investing $6 million for safe water projects throughout Africa

Verizon adds BET HD to FiOS TV channel lineup in more markets

Black Cable TV Ratings for Week of March 14 - 20 NCAA's multi-channel format fails to attract big black audience for single game

Black TV Ratings for Week of March 14 - 20 'March Madness' early games fail to make Top 25 of most popular shows

NAACP responds to Black Press' criticism of Image Awards campaign

FCC introduces procedures, oversight to eliminate 'no urban dictates'

Comcast and NBCUniversal announce external diversity advisory council

Click here for more recent news stories and our news archive

 


 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...






_________________________________________________________________________________________