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Black Stats
Frequently requested
data on African American consumers
Black Buying Power:
$679 Billion (2004)
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."
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HBO
signs development and rights deal with Simmons Lathan Media Group
(March
23, 2006)
HBO has signed a
multi-faceted deal with Russell Simmons and Stan Lathan that will include
series, specials and other projects, it was announced by Chris Albrecht,
chairman and CEO, HBO. Among the initial projects under the agreement are
the development of scripted series and comedy specials. In addition, HBO
will have exclusive rights to Simmons and Lathan for all cross-production
platforms, with projects to be executive produced through Simmons Lathan
Media Group, Simmons and Lathan's production company.
"I've had the privilege of working with Russell and Stan at HBO for many
years, and have always admired their ability to stay current in their
sensibilities and taste," noted Albrecht. "I've said many times that HBO
is only as good as the people who work here, and I can't think of two
people I would want inside the HBO fold more than these talented
individuals."
"Stan and I have been in business with HBO for more than 15 years," said
Simmons, chairman of Rush Communications and Simmons Lathan Media Group.
"They have allowed us the freedom to knock down doors and have supported
us in creative ventures that would not have seen the light of day anywhere
else in Hollywood, and for those reasons we are thrilled to build upon
this great relationship."
"We are already working on exciting and innovative comedy, dramatic and
variety projects," said Lathan, CEO of Simmons Lathan Media Group. "We are
excited about bringing new talent to the forefront, and continuing to
develop our relationships with established talent."
Simmons and Lathan began their collaboration with HBO in 1989 on the
long-running series "Def Comedy Jam" and are currently executive producers
of the critically acclaimed series "Russell Simmons Presents Def Poetry,"
which launched on the network in 2001 and returns with a new season later
this year.
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_____________________________________________________________________________________
12th
Annual Edition Available
Latest
'Buying Power' report shows black consumers spending more on home life
As the American economy continues to move sluggishly,
African-American households are curtailing their spending in many
categories, including food, clothing and basic household items, while
investing more in home repair, home entertainment and consumer
electronics. Although they are trimming back, black consumers are still
spending more than their white counterparts on most of these products.
Story and statistics
continued
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