Tag: Black Media



Memphis Tri-State Defender gets new ownership

Publisher and President Bernal E. Smith II has engineered a deal that brings local ownership to the TSD. (Photo: Warren Roseborough) For the first time in its storied 62-year history, the Memphis Tri-State Defender will be both locally owned and operated. Following an extended period of discussion and negotiations, Real Times Media, Inc. (RTM) has agreed to sell the assets of Tri-State Defender, Inc. (TSD) to BEST Media Properties, Inc., a Tennessee Corporation established by current TSD President and Publisher, Bernal E. Smith II.



Black media slighted as spending power exceeds $1 trillion

“Resilient, Receptive and Relevant: The African-American Consumer 2013 Report”. (Courtesy Photo) Although annual Black spending is projected to rise from its current $1 trillion to $1.3 trillion by 2017, advertisers allot only 3 percent of their $2.2 billion yearly budget to media aimed at Black audiences, a new Nielsen report has found.