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"An overwhelming percentage of our users agreed that Minister Farrakhan made the most positive impact on the Black community over the past year and chose him as the person most worthy to receive the honor of BET.com's 2005 Person...

Jay-Z will be shelling out $25 000 after he lost a bet Wednesday night to the NBA's Charlotte Bobcats owner Robert Johnson.

Robert Johnson, the founder of Black Entertainment Television, on Tuesday said he has signed a letter of intent with Carlyle Group to form a private equity fund manager.

In his first major interview since being acquitted of federal charges which alleged he and his brother laundered drug money for a notorious crack kingpin. Irv Gotti will be making several appearances on variou BET programs today.

Pryor died of a heart attack this morning at a hospital near his home in Encino, California, spokeswoman Karen Finch said in a statement.

Jamaican born, Canadian billionaire, Michael Lee-Chin, was named the 12th richest person in Canada by Canadian Business magazine.

According to reports entrepreneur and Def Jam CEO, Shawn Carter, aka Jay-Z, has decided that he is not quite ready to share his memoirs with the general public.

Murder Inc., owner Irving Lorenzo and his brother Christopher Lorenzo were acquitted Friday of federal charges alleging he laundered drug money for a notorious crack kingpin.

Hip Hop entrepreneur Russell Simmions has partnered with jewelry manufacturer M. Fabrikant & Sons to launch a new collection of men's fine jewelry.

RLJ Development, the company founded by BET founder Robert Johnson and Norfolk, Va. Officials announced plans Wednesday to build a luxury hotel and condominium project next to a new conference center and parking garage in...

The PalmBeachPost.com reports that Sheriff's deputies are investigating the origin of a racist letter which was sent to Wellington's Palm Beach Polo. The letter expressed the writer's wish to bomb places that allow interracial...

Robert L. Johnson, the founder of Black Entertainment Television, today announced that he has signed a letter of intent with Deutsche Asset Management (DeAM), the asset management division of Deutsche Bank AG, to form and operate...

For the second year Oprah Winfrey is the only black on Business Week's The 50 Most Generous Philanthropists list. Oprah became the first black person to ever be on this list last year. Business Week estimates Oprah has given to...

Black Enterprise magazine today announced "The Hot List: America's Most Powerful Players Under 40" as featured in December's cover feature. The 2005 Hot List roster includes extraordinary professionals, entrepreneurs and moguls...

Curtis Jackson aka 50 Cent has partnered with MTV/Pocket Books  the publisher of the rappreneur's memoirs, to create a series of novellas and graphic novels.

“From the time that we got to know each other, it was always...

The new Sean by Sean Combs women's fashion collection was launched Thursday at Bloomingdales in New York. The new clothing line by Sean “P.Diddy” Combs is aimed at the urban sophisticated woman who appreciates sleek yet romantic...

Rappreneur Master P. (Percy Miller) is in the process of launching his newest venture, a music distribution company called Gutter Music Records and Distribution.

P's No Limit Records will be the first lable to be...

The New York Post reports rappreneur Sean "Diddy" Combs laid down a cool $350,000 to retrofit his Chevy Express 3500. Apprently Combs wanted the van to serve as his mobile office, so he had it rebuilt from the ground...

Rappreneur Jay Z and partners Lyor Cohen, CEO of Warner Music Group and Steve Stoute, CEO Translation Consultation and Brand Imaging is reported to be in talks to purchase The Source magazine.

Steve Stoute, who earlier...

Hip hop mogul Russell Simmons' media group will launch a video-on-demand Hip hop channel this week, aiming to capture a slice of the greatly desired urban male demographic.

The channel, which will be called DoD, was...

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