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Business and Finance

Financing multicultural media: New collaboration positions publishers of color as catalysts for equitable community development (The finale of 6 Parts)

“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.

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October 11, 2021 No Comments
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Business and Finance

Financing multicultural media: New collaboration positions publishers of color as catalysts for equitable community development (Part 5)

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.

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October 11, 2021 No Comments
Photo Courtesy of RJI
Business and Finance

Financing multicultural media: New collaboration positions publishers of color as catalysts for equitable community development Part 4

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.

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October 11, 2021 No Comments
Photo by Carmen Robles
Awareness

A Conversation with David Rodriguez – PART 2

First of all, the term “Afro-Latino” was coined by Arturo Schomburg, who is considered “The Father of Afro-American Studies”, and an early pioneer of the Harlem Renaissance movement.  A highly educated man from Puerto Rico who realized the high number of Afro-Cubans and Afro-Puerto Ricans in Harlem at the time needed an identity to connect and define this demographic of people.  

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September 21, 2021 No Comments