BET Networks has recently acquired the Soul Train franchise. Prior, it
was owned by InterMedia Partners and Yucaipa Companies. Pioneering
creator and host Don Cornelius, who operated the show under his Don
Cornelius Productions company, sold to InterMedia and Yucaipa in
2008. The popular and beloved music dance show featured predominantly African American talent and aired from 1971 through 2006. Financial details of the acquisition were not made public.
Lifeline, a program that has made
telephone service affordable to low-income Americans since 1985, for the
first-time in its history will support stand-alone broadband
service as well as bundled voice and data service packages. The rules
will unlock the Lifeline broadband marketplace to attract additional
providers, namely low-income Americans.
This year, Black Entertainment & Sports Law Association (BESLA) is
set to hold its Mid-Year Conference at Fordham University in NYC. The event will feature an intimate conversation with record executive and producer L.A. Reid (Antonio Reid). DeMaurice F. Smith (Exec. Dir., The NFL Players Association) and Michele A. Roberts (Exec. Dir., The NBA Association) will serve as luncheon panelists.
The Oprah Winfrey Network (OWN), which hit cable airwaves in 2011, has
been doing quite well lately. In fact, thanks to an increase in show
offerings catered to African American women, the network, which
partnered with Discovery Communications, is now rated number one in
African American female households.
In January, we reported on The Museum of African American History and the $1 million donation it had received from Wells Fargo. Now, the Museum, scheduled to open on September 26, has received another $1 million donation - from software giant Microsoft Corporation.