Register Here 
Are you getting the latest industry news when it happens via

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

Click here to go to African-American Census Bureau data


(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 

Radio One expects Q1 revenue to increase by 10.9%; stock repurchase approved

(April 18, 2011) Radio One has announced preliminary results for the quarter ended March 31, 2011. It anticipates net revenue of approximately $65.4 million, an increase of $6.4 million from the same period in 2010, an increase of 10.9%. Station operating income is anticipated to be approximately $17.2 million to $18.2 million for the three months ended March 31, 2011.  The company also expects a net loss of $0.37 to $0.39 per share for the quarter ended March 31, 2011. 

Radio One also announced that its Board of Directors has approved a stock repurchase authorization to of up to $15 million worth of its Class A and/or Class D common stock prior to April 13, 2013. 

Additionally, Radio One expects that TV One will redeem the ownership interests held by DIRECTV on or about April 30, 2011.  One effect of the redemption will be to increase the ownership interests of the remaining members, increasing Radio One's ownership to approximately 50.8 percent.

Go to Target Market News homepage

Comcast names Maria Arias as Executive Director of Diversity and Inclusion

Black Cable TV Ratings for Week of April 4 - 10 Following season finale of 'The Game,' BET remains most watched cable network

Black TV Ratings for Week of April 4 - 10 NCAA Championship leads CBS' takeover of TV's Top 25 in black homes

Real Men Charities partners with Tyler Perry on 'Madea' promotional  tie-in

Black TV Ratings for Week of April 4 - 10 NCAA Championship leads CBS' takeover of TV's Top 25 in black homes

Real Men Charities partners with Tyler Perry on 'Madea' promotional  tie-in

Ford rolls out 'Inner Child' print, TV and radio campaign from UniWorld Group

Philadelphia Tribune digitally archiving extensive photo archive for public access

Carol H. Williams to remain agency for Army's African-American advertising

Toya is back on BET with 'A Family Affair' reality show debuting April 12

Click here for more recent news stories and our news archive


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...