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 Black Stats          
Frequently requested data on African American consumers

Black Buying Power:
  $719 Billion (2005)

Black U.S. Population:
  38.3 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 $110.2 bil.
 - Food $53.8 bil.
 - Cars/Trucks $28.7 bil.
 - Clothing $22.0 bil.
 - Health Care $17.9 bil.

Click here for more stats from "The Buying Power of Black America."
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BET signs three-year partnership with Urbanworld Film Festival

(May 20, 2008) BET Networks has announced a three-year strategic partnership to present the Urbanworld Film Festival. The unique partnership, bolstered by BET's position as the leading media and entertainment provider for African Americans and consumers of black culture, will further establish the festival, now in its 12th year, as one of the world's largest competitive film festivals designed to redefine and enhance the roles of multicultural constituents in contemporary cinema.  This year's festival will be held in Manhattan from Wednesday, September 10 through Sunday, September 14.

The Urbanworld Film Festival will feature studio premieres, independent film screenings, panels, screenplay readings, talent spotlights, and an awards brunch honoring the festival's winners. As a result of the new collaboration, this year's festival will be a larger and more exciting experience with a host of new elements featured.

"We're thrilled to join efforts with Urbanworld and sponsor this incredibly important event," said Janet Rolle, Executive Vice President and Chief Marketing Officer, BET Networks. "BET Networks is committed to delivering to our audience content that explores a broad range of the Black experience, so it's extremely exciting and significant for us to expand our efforts and support filmmakers of color through this new partnership."

"As the leading entertainment destination for African Americans and consumers of Black culture, BET Networks has made it our mission to identify the best and most compelling ways for our audience to engage with our brand," said Alvin Bowles, Senior Vice President, Integrated Marketing, BET Networks. "By teaming up with Urbanworld, we're looking forward to combining the power of our brand with the foremost film festival for our community."

"We are very excited to have BET join the festival as the Presenting Sponsor.  This alliance will usher in a new era for films by and about people of color," said Stacy Spikes, founder of Urbanworld.  "Our partnership will galvanize Urbanworld's vision to deliver these universal stories to the widest audience possible, via Theatrical, TV, Online and Mobile distribution platforms."

During its tenure, the festival has screened more than 700 urban-themed independent films and has been a launching pad for a host of major breakout films such as Collateral, Hustle and Flow, Hero, Soul Food, Rush Hour 2, and Barbershop, and has also attracted the industry's hottest stars, including Tom Cruise and Jamie Foxx, to name a couple. Urbanworld is the premier event showcasing films by and about people of color.

As part of the alliance, BET will serve as the exclusive global telecast/video partner, providing pre- and post-event exposure on the network and at BET.com in support of the festival. In addition, BET will work in partnership with Urbanworld to expand their offerings throughout the year and into new media outlets, aggressively cross-promoting the festival to consumer and trade constituents.

The Urbanworld Film Festival is currently accepting submissions for the 2008 festival. Submission information is available at www.urbanworld.org or www.withoutabox.com, with competitive categories that include narrative feature, narrative short, documentary feature, documentary short, and screenplay.  The submission deadline is Saturday, May 31.

Urbanworld was launched in August 1997 by founder Stacy Spikes, a former executive at Miramax and October Films. Over the past eleven years, Urbanworld has presented over 700 features, shorts and documentaries, with estimated attendance reaching 15,000+. Now in its twelfth year, the Urbanworld Film Festival is one of the largest internationally competitive festivals of its kind. Spikes serves as chairman emeritus. Gabrielle Glore serves as executive producer. For more information, please visit www.urbanworld.org.


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14th Edition Now Available!

Latest Buying Power report shows spending up in major categories

The 2007 edition of "The Buying Power of Black America" has just been released by Target Market News. The one-of-a-kind report is the most quoted source of information on how African-American consumers spend their $744 billion in income.

According to the newest edition of "The Buying Power of Black America," there is growth in a number of major product categories despite that slowdown in overall consumer purchases. Get the details by ordering your copy now.

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