Indianapolis Recorder purchases four-year-old local business magazine

(July 10, 2007) The Indianapolis Recorder Newspaper recently expanded the company's market reach by purchasing the Indiana Minority Business Magazine (IMBM), a four-year-old publication founded by local businessman Rickie Clark. At 112-years-old, The Recorder is the nation’s fourth-oldest African American newspaper.

The Recorder is focusing the magazine to raise awareness in the minority community about diverse areas of business. Although the newspaper tackles issues in the black community, what makes IMBM unique is how it encompasses all minorities, such as women and the growing Hispanic population.

“We’re becoming a much more culturally diverse population. With the magazine, many of the business issues we are seeing are ones all small and minority businesses are seeing. It’s not just one race,” said Rep. Carolene Mays, publisher and president of the Recorder, and now IMBM.

In order to continue to educate the minority business community, additional staff, including Clark, was brought on board. While the publication will maintain it’s current name, the editorial content, look, and design will be slightly enhanced.

“We’ve been working extremely hard to produce a product that covers different aspects of business, but will also be an interesting read for individuals outside of the industry,” explained Recorder Vice President and Editor Shannon Williams.

The Recorder’s Indiana Minority Business Magazine will be distributed on June 29. To celebrate the new entity, the Recorder is hosting a magazine launch party on July 19. The event is also the kick-off party to Indiana Black Expo’s Summer Celebration.

Mays along with the Recorder staff are pleased and excited about the new addition. Hopes of the magazine being taken to a higher level, increased readership, circulation and a dedicated staff will continue to help uplift, educate and impact the minority community.

“The Recorder is an institution that has been a stronghold in the community through churches, the news, and in the business community,” said Clark. “We now have the opportunity to reach another segment of the business community and get even more information out.”



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