Jay-Z has officially closed his $150 million 360 deal with Live Nation Inc., sources report.
The Canyon-Johnson Urban Fund, a partnership of Canyon Capital Realty Advisors and Earvin “Magic” Johnson, today announced the closing of its $1 billion Canyon-Johnson Urban Fund III.
Movie Director Spike Lee and Nokia have teamed up to create cell phone move based on video footage from the public.
Seem like not a day goes by without some new social network site launching. Welcome MyBlackCentral.com to the party.
Nigerian Billionaire Aliko Dangote's, Dangote Group has acquired a 45 percent stake in South Africa's Sephaku Cement for $378 million.
Radio One, Inc. has announced the acquisition of social networking company, Community Connect Inc., owner of BlackPlanet.com.
The Tavis Smiley Group and Nationwide Mutual Insurance Company has announced an exclusive three-year partnership.
Island Def Jam Music Group (IDJ) and Procter & Gamble's TAG brand announce the formation of a new hip-hop record label, TAG Records.
Barry Diller's IAC has launched a new Ask.com powered search engine targeting African-Americans.
CNBC honored Robert L. Johnson, at the fourth annual CNBC Executive Leadership Awards which was held at the New York Public Library.
Jay-Z and Mary J. Blige's "Heart of the City" tour has sold out seven of the first eight dates on its North American trek.
Jay-Z is about to blow the music world up with a $150 million deal with concert promoter Live Nation.
Kanye West is set to launch a travel company specifically geared to serve the travel needs of his fan base.
Hip-Hop Soul queen Mary J. Blige make the best of sagging real estate market buying a New Jersey mansion for $12 million.
Mohammed Al Amoudi, is Ethiopia's richest man and has been the richest black person in the world for the last two years.
Jay-Z wants to launch his own record label. He is reported to be looking for a record company to invest $100 million in his new venture.
Ashley Alexandra Dupre, the bedroom hustler involved in the scandal that brought New York Gov. Eliot (Client No. 9) Spitzer down, is about to cash in big time from all the drama.
Michael Jackson has refinanced his Neverland ranch in time to save it from a public auction that was scheduled for March 19.
Oprah Winfrey, Shonda Rhimes, Will Smith, and Denzel Washington Top Black Enterprise magazine's ranking of the Most Bankable Blacks in Film & Television
Nigeria's first billionaire hit the jackpot when his sugar-production company listed on the Nigerian stock exchange last year.