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
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Comcast, NBC-Universal sign diversity agreement with Hispanic groups
By Sara Jerome
The Hill (June 30, 2010) Comcast and NBC-Universal (NBCU) have signed an
agreement with leaders of Hispanic community organizations on diversity
commitments to be met when the two companies merge, the companies
The deal commits the pair to naming a Latino to Comcast's board of
directors in the next two years, launching a new Spanish-language
multicast channel on Telemundo’s digital broadcast spectrum, increasing
contributions to Latino scholarship and internship programs, increasing
the number of Hispanic employees, and increasing the percentage of
business conducted with Latino-owned vendors.
Susan Gonzales, senior director of external affairs at Comcast, and
Paula Madison, executive vice president at NBCU, issued a joint blog
post announcing the agreement.
"African American, Asian Pacific American, LGBT, and Disabled
communities, among others, has given us the opportunity to create
opportunities and build strong bonds. As we embark on our new venture,
we are confident that the transaction will result in unprecedented
opportunities for diverse communities, including communities of color,"
Signers included Guarione Diaz, vice chairman of the board of directors
at the Cuban American National Council; Lillian Rodrquez, a chairwoman
at the Hispanic Foundation; Rosa Rosales, a vice chairwoman at the
League of American Citizens; Janet Murguia of the National Council of La
Raza, and others.