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Black Enterprise

From Wikipedia, the free encyclopedia
African-American-owned multimedia company

Black Enterprise
Cover of the first issue (August 1970), featuringCharles Evers
Editor-in-ChiefDerek T. Dingle
FrequencyBimonthly
PublisherEarl G. Graves Sr.
Total circulation534,752[1] (2013)
First issue1970
CompanyEarl G. Graves Publishing Company, Inc.
CountryUnited States
Based inNew York City
Websiteblackenterprise.com
ISSN0006-4165

Black Enterprise (stylized inall caps) is an American multimedia company. ABlack-owned business since the 1970s, its flagship productBlack Enterprise magazine has coveredAfrican American businesses with a readership of 3.7 million.[2] The company was founded in 1970 byEarl G. Graves Sr. It publishes in print and digital, an annual listing of the largest African-American companies in the country, or "B.E. 100s", first compiled and published in 1973.[3][4] In 2002, the magazine launched a supplement targeting teens,Teenpreneur.[5]Black Enterprise also has two nationally syndicated television shows,Our World with Black Enterprise andWomen of Power.

History

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The magazine was founded byEarl G. Graves Sr.[6] In January 2006, he named his eldest son,Earl G. Graves Jr. (known as "Butch"), the company's chief executive officer.[7] Butch joined the company in 1988 after earning his M.B.A. fromHarvard University; he received his bachelor's degree in economics fromYale University in 1984. He also sits on the board of directors of AutoZone, serving as lead director and chairman of the compensation committee.

Black Enterprise has been profitable since its 10th issue. The company, headquartered in New York City, has 58 employees and had revenues of $22 million in 2017.[citation needed]

Award

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Black Enterprise won the 1997 FOLIO: Editorial Excellence Award[8] in the business/finance consumer magazine category.

See also

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References

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  1. ^"Alliance for Audited Media Snapshot Report – 6/30/2013".Alliance for Audited Media. June 30, 2013. Archived fromthe original on April 18, 2014. RetrievedFebruary 2, 2014.
  2. ^Enterprise, Black."BLACK ENTERPRISE Announces The Most Powerful Women In Business".prnewswire.com (Press release).Archived from the original on June 11, 2023. RetrievedJune 18, 2020.
  3. ^Alfred Edmond, Jr,"Black Enterprise Publishes Rankings Of Nation’s Largest Black-Owned Businesses"Archived 2014-11-13 at theWayback Machine,Black Enterprise, June 30, 2014.
  4. ^Caryn Freeman,"Black Enterprise celebrates 40 years of listing America's largest black companies"Archived 2014-11-13 at theWayback Machine, The Grio, May 25, 2012.
  5. ^Rob Kaiser (September 25, 2002)."Teen business magazine debuts with parent publication".The Chicago Tribune. RetrievedAugust 3, 2015.
  6. ^"Political and business leaders: CEOs to beauty empires". CNN.com. February 5, 2007.Archived from the original on April 13, 2018. RetrievedApril 12, 2018.
  7. ^"Company Overview of Earl G. Graves Ltd", Bloomberg.
  8. ^"Corporate Secretary Announces New Editor".Business Insider. May 25, 2011.Archived from the original on April 13, 2018. RetrievedApril 12, 2018.

External links

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