Like it or not, Black people have been disenfranchised in this nation. The beautiful thing about Black people, however, is that we have never allowed that disenfranchisement to keep us down. We pushed forward as a people, and we overcame–and we thrived, despite everything against us.
On Thursday, the St. Paul-based Center for Economic Inclusion convened an online discussion to talk about racial wealth gaps in media.
“The BIPOC Media Community Development Summit officially launches our call to action to eliminate the blind spot that has kept public and private community development stakeholders from investing in and partnering with diverse media,” said David Beckford, President of Dynasty Consulting.
Blacks moms, as well as remote workers are starting a new trend to make extra money. Whilst, Covid-19 still lingering in the shadows, you still have a family to feed and clothes to buy, rent to pay and drinks in the club, to buy.
Our newspapers allow us to speak to our own communities on our own terms with our own voices.
“Trusted local information and the people and systems that gather and distribute it are critical infrastructure for communities, just like the people and systems necessary to provide housing, roads, electricity, clean air and water, healthy food, reliable broadband data networks, schools, healthcare and cultural institutions,” Nachison says.
CDFIs aren’t the only institutions that would benefit from investments in community media. Banks and other lenders, under the Community Reinvestment Act of 1977 (CRA), are required to meet the credit needs of the communities where they do business, including low- and moderate-income communities. The Act was a response to redlining — the discriminatory practice of denying loans to residents and business owners based on their race or ethnicity. Every two to five years, banks have to undergo an audit by federal banking regulators to see how well they are meeting the terms of the CRA. Banks that do not meet the requirements face heavy regulatory scrutiny and can have difficulty getting approval for mergers or expansions.
Dynasty Consulting, is a multicultural brand marketing firm co-founded and led by David Beckford, owner operator and advisor to more than 100 African American multi-media platforms including radio, print and OTT platforms. Since 2019, Dynasty has generated more than $1 million for its clients through general advertising, sponsored content, profit-sharing and other strategies and by leveraging their combined reach through the Dynasty Media Portal.
The Local Media Association (LMA) has made sustainability for publishers of color one of its four strategic pillars, building capacity through its Digital Transformation Lab, the Fund for Black Journalism, and the Word In Black collaborative. And Local Independent Online News (LION) Publishers through its Tiny News Collective is making critical support more accessible to first time founders that are underrepresented in the news landscape.
Three local publishers have been selected to participate in the initial pilot projects: The Community Voice, serving Wichita and the Kansas City Metropolitan area; The
As part of RJI’s Inclusive Media and Economies Project, RJI, the Multicultural Media and Correspondents Association (MMCA) and Dynasty Consulting are teaming up to help publishers of color tap into community development, revitalization and reinvestment funds, and then use those investments to test new revenue strategies and build more sustainable business models.
Ms. Williams is the C.E.O. and a co-founder of Capital B, a nonprofit news organization reporting for Black communities that will begin operating next year. She is the former editor in chief of Vox.
From the months leading up to the launch party, there was several important meet and greet sessions scheduled on Wednesdays in August, at 3pm. The guests were able to meet the hosts and producers, and find out more about the network, that will be on Roku, Apple TV and Fire TV.
I asked Kareem when it’s all said and done and his career is over. What is it that he wants people to know about him? “That I was a hardworking individual that cared for my passion and the craft that I did. I never wanted the spotlight. I just wanted the business. the fame is cool. But I always wanted the business and to be an impact within the business and the culture.”
This event is a long time coming and of course St Louis’ most popular talents will be part of it. The opening weekend is August 28, and run through Sunday, August 29th, starting promptly at 10:30 am. With the exhibit being around to enjoy until January, 2023.
A robust, resilient and diverse media ecosystem is as essential to a community’s well-being as affordable housing, reliable transportation and accessible capital.
The Low Income Investment Fund (LIIF) and many others have played a significant role in lobbying for Community Development Funding Institutions as the distributors of an upcoming HUD $10 billion non -housing community investment.
Trust in mainstream media is at an all-time low and diverse and local media are facing an existential threat to their survival.
A coalition of leading CEOs and organizations are coming together today to announce the formation of OneTen, an organization that will…
The board of directors of OneTen, a coalition bringing together business leaders committed to upskilling, hiring and promoting…
