Monday, January 14, 2008          HOME  |   STATS  |   PUBLICATIONS  |   REGISTER  CONTACT US  |  SEARCH  |  ARCHIVE


  ORDER YOURS TODAY! 


 


"A Must-Read
For Marketing
Professionals"

Introducing a new trade magazine for the new opportunities in African-American marketing and media.


The December 2007 issue of Target Market News magazine offers in-depth stories on:

- Inside P&G's "My Black is Beautiful" campaign
- The targeted ad strategy for the 2010 Census
- New advertising campaigns and assignments

Plus a special spotlight on the nation's top African-American ad agencies

Click here for advertising information

Click here to subscribe
_________________


 Departments        
Advertising & PR News
Marketing News
TV & Cable News
Radio News
Magazine News
Newspaper News
Internet News

Retailing News
Consumer Research

Expenditure Data
People in the News
Industry News
Company Bios and
  Background


 Register Here       
STAY IN-THE-KNOW!
Are you getting the latest industry news when it happens via e-mail
?



Click here for free delivery of the Target Market News Bulletin
You'll receive news of breaking stories, exclusives, updates and headlines on the latest developments in African American marketing and media

 Black Stats          
Frequently requested data on African American consumers

Black Buying Power:
  $719 Billion (2005)

Black U.S. Population:
  38.3 million

Top Five Black Cities
  - New York
  - Chicago
  - Detroit
  - Philadelphia
  - Houston

Top Five Black Metros:
  - New York-New Jersey
  - Washington-Baltimore
  - Chicago-Gary
  - Los Angeles
  - Philadelphia

Top Five Expenditures:
 - Housing $110.2 bil.
 - Food $53.8 bil.
 - Cars/Trucks $28.7 bil.
 - Clothing $22.0 bil.
 - Health Care $17.9 bil.

Click here for more stats from "The Buying Power of Black America."
______________________
Get quick access to key
U.S. Census 
Bureau Data

Click here to go to African-American Census Bureau data

_____________________


Copyright
? 2007 by
Target Market News Inc.

All rights reserved
Business address:
228 S. Wabash Ave.
Suite 210
Chicago, IL 60604
t. 312-408-1881
f. 312-408-1867
info@targetmarketnews.com
 

 

ION Media, Star Media, Omnicom partner on African-American TV programming

(January 17, 2008) ION Media Networks, Inc. in collaboration with African-American TV syndicator Star Media and Omnicom's OMG Entertainment & Sports unit, announced today a strategic partnership for the creation and exhibition of African-American programming on the ION Television Network. The initiative already has backing from major charter sponsors McDonald's, State Farm and P&G, with others expected to follow.

Initially, the partnership will use the syndication marketplace and TV libraries of Warner Bros. and other major television studios to program urban and diverse content. The longer term goal is to reinvest net proceeds from this enterprise into an original programming fund that can help create new African-American and diverse content to be aired on ION Television.

The initiative launched on Monday, January 14 in the 6-7 p.m. ET timeslot on ION Television, with the return of "The Wayans Brothers" to broadcast television. Warner Bros. Domestic Television is the programming partner for this series.

Star Media's Dennis Ray and OMG's head of multi-cultural entertainment, Marissa Nance, will lead the first-run development process working in conjunction with the ION Television team.

"The chief limitation to the growth of African-American television and media companies has been the inability to get sustained advertiser support for African-American programming," said Ray. "This unprecedented advertiser commitment allows us, for the first time, to develop a programming fund to ensure the consistent supply of African-American programming. This is a model for the future."

Steve Grubbs, CEO of OMG Entertainment & Sports, said, "This is a groundbreaking new business model enabling us to invest in a partnership that will fill a marketplace need, namely the creation and distribution of African-American programming."

"We're delighted to team up with Omnicom and Star Media in an innovative business partnership to advance TV content diversity," said Brandon Burgess, Chairman and CEO, ION Media Networks. "We are prepared to dedicate key time periods on our broadcast network to diverse audiences, and to expand this initiative as we build audience and advertising support. Depending on demand, we may also consider establishing a dedicated, 24/7 multi-cultural spin-off network, using our digital broadcast capacity."

ION Media Networks, Inc. owns and operates the nation's largest broadcast television station group and ION Television, reaching over 94 million U.S. television households via its nationwide broadcast television, cable and satellite distribution systems. ION Television currently features popular TV series and movies from the award-winning libraries of Warner Bros., Sony Pictures Television and CBS Television, among others. For more information, visit www.ionmedia.tv.

Omnicom Media Group is the media division of Omnicom Group, Inc. In addition to its OMG Entertainment and Sports unit, it includes client media service companies, OMD Worldwide, PHD and Prometheus, as well other media related businesses.

Star Media, headquartered in New York City, is a leading minority owned-and-operated media sales and marketing company that specializes in the targeted, urban television syndication business and new media. Star's mission is to help create, produce and distribute compelling, well-crafted and entertaining programming that resonates with the African-American audience -- programming that helps to highlight and amplify the diversity and depth of the African-American experience. Dennis Ray, the Chairman and CEO of Star Media, is a veteran network television executive who spent nearly 25 years working at NBC and Fox as a senior level sales executive.


Go to Target Market News homepage

 

 14th Edition Now Available!
Latest Buying Power report shows spending up in major categories

The 2007 edition of "The Buying Power of Black America" has just been released by Target Market News. The one-of-a-kind report is the most quoted source of information on how African-American consumers spend their $744 billion in income.

According to the newest edition of "The Buying Power of Black America," there is growth in a number of major product categories despite that slowdown in overall consumer purchases. Get the details by ordering your copy now.

Click here to order The Buying Power of Black
America report


_________________________________________________________________________________________


The African-American
Book Publishing Authority


Now in its ninth year of publication, Black Issues Book Review is the only nationally distributed magazine devoted exclusively to covering the latest news and reviews on black books. BIBR also provides up-to-date news on forthcoming author signings, book fairs and book clubs.
Want this issue? Get it with your new subscription.
Click Here


A TARGET MARKET NEWS PUBLICATION
_________________________


  SUBSCRIBE TODAY! 


The trade publication for
in-depth coverage of Black
Consumer Marketing
and Media news