Earvin "Magic" Johnson, Chairman of Johnson Development Corporation has named Eric L. Holoman to the role of president effective immediately.
Condoleezza Rice top's the list as the world's most powerful black woman and is in forth place on the worlds 100 Most Powerful Woman list, Forbes magazines annual ranking of the 100 most powerful women on the planet.
Russell Simmons has announced he will step down as CEO of Phat Fashions in order to pursue his other varied interests.
Forbes magazine has released it's first ever ranking of Hip Hop's top earners. Shawn Carter aka Jay Z tops the list with an estimated $34 million in 2006, earning him the top spot on Forbes' first-ever list of hip-hop Cash Kings.
Carver Bancorp, Inc., declares a cash dividend on its common stock of ten cents ($0.10) per share for the quarter ended June 30, 2007, the first quarter of the 2008 fiscal year.
Our Stories Films and The Ford Motor Co. have formed an exclusive new marketing alliance that includes product placement, script integration, sponsorships, and promotions of featured film titles.
BET Networks has announced Scott Mills has been named President and Chief Operating Officer for BET Networks. The company also appointed Michael Pickrum as Chief Financial Officer and named Denmark West to serve as President of...
Salamander Hospitality, LLC, today announced the purchase of the Innisbrook Resort and Golf Club, a 900-acre destination resort featuring four championship golf courses including the famed Copperhead, site of the PGA TOUR’s PODS...
If you follow the music business is might not be a surprised to you that Hip Hop no longer dominates the music industry. A recent USA Today article illuminates the fall with sobering statistics.
Michael Jackson has reached a settlement over a breach of contract claim by finance firm Prescient Capital, a one-man operation owned by Darien Dash, cousin of entrepreneur Damon Dash.
Forbes magazine has released its annual list of the world's most powerful and best-paid celebrities. For the first time ever a special category was created for rappers on the Celebrity 100 list and Tiger Woods earned more money...
Radio One Inc. said it agreed to sell its KTTB-FM its only radio station in Minneapolis, Minnesota, to Northern Lights Broadcasting LLC, a newly-formed company headed by general manager Steve Woodbury for about $28.0 million.
