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  COMING IN DECEMBER 


 


"A Must-Read
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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

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 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."
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Get quick access to key
U.S. Census 
Bureau Data

Click here to go to African-American Census Bureau data

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Copyright
© 2007 by
Target Market News Inc.

All rights reserved
Business address:
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Suite 210
Chicago, IL 60604
t. 312-408-1881
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info@targetmarketnews.com
 

 

Johnson Publishing Co. lays off top three ad execs, names new group director

(November 28, 2007) In an unexpected move, Johnson Publishing Co. announced on Monday the termination of it three top-level advertising executives and the appointment of a new ad group director. Jeff Burns, Jr., associate publisher and senior vice president of Ebony (pictured); Dennis Boston, Ebony senior vice president and Midwest advertising director; and Barbara Rudd, Ebony vice president and Western advertising director, were removed in what the company calls a streamlining of its magazines' sales efforts.

"We've decided to merge our advertising leadership to be more cohesive, especially to meet the changing landscape of the advertising world," Johnson spokesperson Wendy Parks told the trade publication FOLIO: magazine. She also said that no additional layoffs were expected.

Nijole S. Yutkowitz, national advertising director for Jet magazine, has been promoted to the newly created position of of vice president and group advertising director for both Ebony and Jet. She will report to group publisher Kenard E. Gibbs.

“Under Nijole's leadership, JET magazine has thrived in a tough advertising environment. As we look to maintain our position as the leading publishing company to reach African-American readers, the creation of this new role will ensure to our marketing partners that we present a seamless advertising solution across EBONY and JET magazines and online,” said Gibbs.

Burns told FOLIO: that he was shocked by the termination, which came down from president and CEO Linda Johnson Rice. "The company is restructuring and slimming down, and trying to run mean and lean," Burns said. "They're trying to turn around the slide in advertising, which has of course affected the entire advertising industry."

According to Media Economics Group’s Black Magazine Monitor, Ebony’s advertising revenue declined 6.8% for the first eight months of 2007 to $36.6 million, compared to the same period for 2006. Jet’s ad dollars declined 3.1% for the same eight-month period to $18.8 million.

Declines in ad revenues were reported by all black magazines, except for Essence, which had a 19.3% increase for the first eight months of 2007.

Burns told FOLIO: he had pioneered unconventional marketing campaigns during his tenure with Johnson, having helped create several signature event marketing programs including Ebony's annual Outstanding Women in Marketing and Communications awards and Ebony's annual Hollywood in Harlem film festival. "If you're in a period when you're trying to increase and hold on to sales, you want your strongest, most creative sales representative on board to do just that," said Burns.


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 14th Edition Now Available!
New 2007 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


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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.

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