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Bryon Allen has purchased a 52% share in Buzzfeed and will take on the role of CEO as prior CEO, Jonah Peretti, named president of BuzzFeed AI.
May 13, 2026
After eight years with Netflix, Higher Ground, the production company founded by Barack and Michelle Obama, is going independent.
Apr 20, 2026
Kevin Hart reveals how investing in friends’ ideas became an “endless pit of bankruptcy” and shares his worst investment experience.
Oct 31, 2025
Jaden and Willow Smith are partnering with Black-owned N LITE to produce and star in anime films inspired by African folklore.
Oct 9, 2025
Democratic political strategist Ashley Allison acquires The Root, restoring its Black ownership during a time when journalism is under attack.
Oct 2, 2025
50 Cent’s Shreveport ventures are moving forward as the City Council approves a new economic development to support his film and TV projects.
Sep 25, 2025
HarbourView’s $30M Lion Forge Entertainment investment expands IP, builds franchises, and supports David Steward II’s vision.
Sep 10, 2025
Caroline Wanga is leaving her role as president and CEO of ESSENCE Ventures after taking a health-related leave in September 2024.
Aug 26, 2025
Founder Rakia Reynolds and her team at Skai Blue Media join Actum to strengthen the firm's storytelling, brand strategy, and cultural impact.
Jul 31, 2025
Joe Budden is making serious money with his podcast, as his independent network is on track to earn $20 million in 2025.
Jul 23, 2025
Byron Allen settles his $10B lawsuit against McDonald’s over ad discrimination—what it means for Black-owned media.
Jun 16, 2025
HarbourView Equity Partners has secured $500 million in financing from KKR Capital Markets to expand its music and media portfolio.
Jun 11, 2025
The Black Effect Podcast Festival returns to Atlanta, GA, with live tapings and a celebration of Black media excellence.
Apr 14, 2025
Following Diddy's exit as chairman of Revolt, it has been announced the employees now become its largest shareholder group.
Jun 4, 2024
Al Roker's production company, Al Roker Entertainment, has been sued for allegedly failing to follow a mandated DEI policy.
Apr 19, 2024
