Carl Icahn has backed down in his battle against Time Warner chairman Richard Parsons. A truce was reached late last week after Icahn was unable to get the backing needed to execute his planned ouster of Parsons and install a...
Step Johnson has been appointed president of urban music at Interscope Geffen A&M. Johnson, one of urban music's most prominent executives, has been with Interscope since 1992, most recently co-heading its urban music staff.
Robert Johnson, founder of Black Entertainment Television, said his investment company has signed a deal to buy 100 hotels for $1.7 billion.
50 Cent who earned $79 million last year was the only urban artist in the top ten of Forbes magazines Music's Top Money Markers list.
50 is ranked #8 on the list behind Celine Dion who earned $81 million and a head of the Dave...
Allhiphop.com reports that Miami-based Slip-N-Slide Records, home to rappers Trina and Trick Daddy, has inked a multi-million dollar deal with Jay Z's Def Jam.
Billionaire and talk show queen Oprah Winfrey has signed a $55 million deal with XM Satellite Radio. Oprah will get her own channel on XM Satellite Radio under a three-year deal announced Thursday.
XM and Harpo Radio, part of...
In what is shaping up to be one mighty showdown, corporate raider Carl Icahn and Dick Parsons, Time Warners CEO and arguably the most powerful black executive in the world are battling for control of Time Warner, the worlds...
Eurweb.com reports R&B singer and entrepreneur Keith Sweat will open a new four-star hotel in Atlanta this month.
The S Hotel, located at 395 Piedmont Ave in Midtown, has 294 rooms which were designed by Sweat. Each...
Former supermodel turned TV entrepreneur Tyra Banks can celebrate the start of a very rewarding year. Both her TV shows America’s Next Top Model and The Tyra Banks Show has been renewed.
Tiret New York, the company owned by Damon Dash and Daniel Lazar have introduced a new watch model, Debonair. This new model is playing a very strong card in the transparency factor. The case is shaped in Art Deco style and is...
The Board of Directors of Source Enterprises, Inc., the parent company for The Source magazine, announces industry veteran Jeremy Miller as the new president and chief executive officer of the magazine.
The appointment...
According to Forbes' Magazine annual listing of the World's Most Powerful Celebrities, the 11 youngest (under 25 ) on the list earned some $127 million in just one year.
Sean “Diddy” Combs was forced to re-shoot an advertisement for his new fragrance when the first, featuring him in bed with a white woman and an Asian woman was considered too racy for some department stores.
As we celebrate the life and work of Dr. king it help to be able to look back at the newspaper coverage he recieved while doing his work.
There is now a free online resource available to help us. The <LINK...
A Manhattan Supreme Court yesterday tossed out an appeals court lawsuit filed by Kirk Burrowes a former employee of Combs' Bad Boy Entertainment.
The American Advertising Federation (AAF) has announces the election of four advertising legends to the Advertising Hall of Fame, the industry's highest honor.
ClickStar, Inc., a digital entertainment venture founded by Revelations Entertainment the production company headed by Freeman and business partner Lori McCreary, with investment from Intel Corporation, will release its first...
Rappreneur 50 Cent's G Unit and Gamer Graffix today announced a new partnership which includes a three year endorsement deal with 50 Cent and G Unit. This continues into 2006 the rapid expansion of 50's business empire.
2005 has been a great year for black business internationally. We made great strides at cracking the class ceiling but the struggle continues. This is a look back at some of the people who had great success over the past 12...
Jamster, a worldwide leader in mobile content and entertainment services announced yesterday that Sean "Diddy" Combs, founder and CEO of Bad Boy Worldwide Entertainment Group, will be featured in a new commercial...
