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 Black Stats  
Frequently requested data on African American consumers

Black Buying Power:
 $836 Billion (2010)

Black U.S. Population:
 41.1 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 $203.8 bil.
 - Food $65.2 bil.
 - Cars/Trucks $29.1 bil.
 - Clothing $29.3 bil.
 - Health Care $23.6 bil.
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TheGrio.com and NewsOne.com form partnership on content and advertising sales

(July 11, 2011) NBC News and Interactive One announced a partnership this week that will form the premier African-American digital news alliance with the widest audience reach in the industry. This unprecedented partnership leverages complementary assets from NBC News' TheGrio.com and Interactive One's NewsOne.com to create an expanded platform for African-American journalism.

Under the partnership that went into effect July 1st, 2011, TheGrio.com and NewsOne.com will coordinate and share editorial content for both websites, and Interactive One will provide sales representation and oversee advertising sales operations for both entities. The relationship also opens up the potential for co-marketing and promotional opportunities in a shared portfolio that includes Interactive One's various digital assets, Radio One's 52 radio stations, TV One and Reach Media, and the many platforms of NBC News.

Based on comScore measurement, the combined net audience of NewsOne and TheGrio was 2.1 million in May 2011, up from 661,500 in May 2010. As the online usage of Black Americans continues to grow, this digital alliance between TheGrio and NewsOne presents a new opportunity to better connect, inform and engage the African-American audience.

"With the African-American audience representing one of the fastest growing consumer segments online, this partnership is a huge growth opportunity for both TheGrio and NewsOne," said NBC News President Steve Capus. "This is a smart play for both sides as we combine the best of these two platforms to enhance African-American journalism."

"With a focus on connecting Black America, Interactive One's relationship with its user communities makes it an invaluable partner for TheGrio as we look to expand the reach of our trusted news content," said David Wilson, managing editor of TheGrio.com. "We'll be able to connect with audiences and customers that we've never been able to reach before."

"This relationship provides an unprecedented offering and opportunity in the digital news space," said Tom Newman, President of Interactive One.  "Bringing NBC News' high quality journalism together with Interactive One's deep focus on the African-American audience allows us to better cover the issues and stories that matter to them."

"Our access to the most engaged African-American audience online, combined with NBC News' high quality journalism expertise is a recipe for not only exceptional content for a broader audience, but also more compelling product offerings for advertisers," said Keith Bowen, Chief Revenue Officer of Interactive One. "This partnership will create marketing opportunities that are yet unseen in the African-American digital space."

TheGrio.com, a division of NBC News, is a daily online news and opinion platform devoted to delivering stories and perspectives that reflect and affect African-American audiences. The video-centric interactive community is populated with both aggregated and original content on topics ranging from breaking news and politics to health, business, and entertainment.

Interactive One has more than 15 million members and reaches millions of Black Americans each month. With approximately 3 billion annual page views on its suite of sites, the company has become the definitive social network for Black America through BlackPlanet, as well as a number of leading content sites.  These sites include: NewsOne (www.NewsOne.com), which provides up to the minute, comprehensive coverage of newsworthy events relevant to Black Americans across the country and the world; TheUrbanDaily (www.TheUrbanDaily.com), the eyes and ears for Black Americans looking for what's hot online, on the airwaves, in theaters, and on the street; HelloBeautiful (www.HelloBeautiful.com), the definitive lifestyle resource for today's Black woman; and Elev8 (www.Elev8.com) a site devoted to elevating the mind, body and spirit.


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New "Buying Power" report: Black consumers spend as economy grows
Details $507 billion in expenditures

African-American consumers are cautiously increasing their spending in some key product categories, even as they continue to make adjustments in a slowly growing economy. The finding comes from the 16th annual edition of "The Buying Power of Black America" report published by Target Market News..

In 2009, black households spent an estimated $507 billion in 27 product and services categories. That's an increase of 16.6% over the $435 billion spent in 2008. African-Americans" total earned income for 2009 is estimated at $836 billion...

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