Annual Edition 'Buying Power of Black America' report
breaks down billions in expenditures Black
consumers are responding to tighter economic condition by focusing more
of their spending on items and services that improve their homes and
lifestyle. That's one of the trends revealed in the 15th annual report,
"The Buying Power of Black America," published by Target Market News.
The report analyzes spending for black households in 2008 and finds that
Story continued... _________________
2010 by Target Market News Inc. All rights reserved
228 S. Wabash Ave.
Chicago, IL 60604
sees new opportunity for minority content creators in broadband From
RadioInk.com (May 10, 2010) Speaking at the recent New Media Entrepreneurship
Conference in Washington, DC, FCC Commissioner Mignon Clyburn focused on
new opportunities in broadband for minority content creators and
She said, "It is not a stretch to imagine that a diverse set of
broadcast media owners would yield more diverse and relevant content for
all Americans" but that the "paltry numbers" of minority media owners in
broadcast "are almost frightening." But, Clyburn said, the "legal
landscape is not particularly hospitable to attempts to remedy such a
disparity in a conspicuous manner." She also pointed to the lack of
capital available in the current economic climate and said, "This is
where the Internet and broadband come in."
Clyburn pointed to the relatively low barriers to entry in broadband and
said, "I believe we are presented with an opportunity that must be
seized. What once seemed impossible achieve through the broadcast media
is now within reach through broadband." After citing some online success
stories, she said the Internet "must remain open," and continued, "It
simply does us no good if we have this fabulous tool only to be
controlled once again by corporate gatekeepers."
Those "corporate folks," she said, "may either feel the footsteps of
competition to their own content products or seek to earn additional
revenue by charging content creators for priority access." Clyburn
continued, "These would be perfectly rational business decisions, but
ones that could hurt American consumers and cripple the fantastic
opportunities for people of color."
Clyburn said there is no real contradiction between the FCC's goal of
universal broadband and an open Internet and continued, "What kind of
Internet do you want going forward? One that is yours or one that is
controlled, policed, and regulated by industry? For me, the choice is