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Target Market News has introduced Black Business Chicago, a new monthly which will spotlight news and features on Chicago's African-American businesses, corporate executives and local economic issues. The publication will also be supplemented by a Web site, blackbusinesschicago.com, that will provide updated coverage of relevant business news on a daily and weekly basis between issues of the monthly print publication. Click for more ____________________________________

Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 bil in spending



The finding comes from the 16th annual edition of "The Buying Power of Black America" report. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...

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Bounce TV gets rights to Black films from Disney, Miramax, Sony Pictures and MGM

(July 24, 2012) Bounce TV, the nation's first-ever over-the-air broadcast television network for African Americans, has acquired the television rights to four packages of African American-oriented motion pictures in individual, multi-year licensing agreements with The Walt Disney Studios, Miramax, Sony Pictures Television and MGM Domestic Television Distribution, it was announced by Bounce TV Chief Operating Officer Jonathan Katz.

Among the titles Bounce TV acquires from The Walt Disney Studios: The multiple Academy Award-nominated What's Love Got to Do with It starring Angela Bassett as Tina Turner; The Preacher's Wife starring Denzel Washington and Whitney Houston; Washington starring in He Got Game;  the Eddie Murphy comedies The Distinguished Gentlemen and The Haunted Mansion; Mr. 3000 starring Bernie Mac; Whoopi Goldberg in Sister Act and Sister Act 2: Back in the Habit; Glory Road, the story of the first all-black starting five to win an NCAA basketball championship; Halle Berry as The Rich Man's Wife; the 1994 action comedy A Low Down Dirty Shame starring Keenan Ivory Wayans and Jada Pinkett Smith; Shaquille O'Neal as Kazaam; Snow Dogs, starring Cuba Gooding, Jr. and Cool Runnings, based on the true story of the first Jamaican bobsled team to make it to the Winter Olympics.

From Miramax, Bounce TV lands such titles as: 2002's Academy Award-winning Best Picture Chicago featuring Queen Latifah's Oscar-nominated performance; the multiple Academy Award -nominated Passion Fish with an all-star lineup led by Alfre Woodard; Morgan Freeman in An Unfinished Life, with Jennifer Lopez and Robert Redford; Sarafina! starring Whoopi Goldberg; Nick Cannon in 2008's American Son; Marlon Wayans in the comedy Senseless; Scary Movie 2 and LL Cool J in the thrillers Mindhunters and In Too Deep.

Among the Sony titles: Beyoncé headlining Cadillac Records; Jamie Foxx in Stealth; the Cuba Gooding Jr. comedy Daddy Day Camp; the classics To Sir, With Love and Guess Who's Coming to Dinner starring Sidney Poitier; Spike Lee's School Daze; Richard Pryor in Jo Jo Dancer, Your Life is Calling and The Toy; Stomp The Yard 2: Homecoming directed by Rob Hardy; and Poetic Justice starring Janet Jackson.

MGM titles include: A trio of classic Sidney Poitier films led by the legendary star's Academy Award-winning performance in Lilies of The Field; his Oscar-nominated role in The Defiant Ones and They Call Me Mr. Tibbs; Spike Lee's She's Gotta Have It; Cotton Comes to Harlem; Pam Grier as Foxy Brown; The Jackie Robinson Story; Bill Cosby in Hickey & Boggs and the classic comedy Cooley High.

"As research consistently points to movies driving demand for our consumers, African American theatricals will remain the backbone of Bounce TV's schedule. We continue to add to our wide-ranging library with attractive titles featuring the most popular stars of our day from the top studios in Hollywood," commented Katz.

Bounce TV launched September 26, 2011 and is already available in 75% of African American households and 65 million homes nationally.  The network targets African Americans primarily between the ages of 25-54 with a programming mix of theatrical motion pictures, live sports, documentaries, specials, inspirational faith-based programs, off-net series and now original series.

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