Black Executive & Entrepreneur News

50 Cent to headline Vivendi Universal Games 2005 Electronic Entertainment Expo Product Line-Up

Vivendi Universal Games (VU Games) today announced its multi-platform product line-up for the 2005 Electronic Entertainment Expo (E3). Multi-platinum global hip hop sensation 50 Cent will lend his voice, likeness and music to...

50 Cents' G-Unit expands relationship with mobile media company Zingy

G-Unit, the urban brand founded by hip-hop artist 50 Cent, expanded its relationship with mobile media company Zingy to create a series of games based on G-Unit artists including Lloyd Banks, Young Buck and Tony Yayo.

The first...

Sean "P. Diddy" Combs help promote Warner Music IPO

The hip hop entrepreneur who recently sold his Bad Boy Entertainment music label to Warner Music for $30 million, helped fill up the ballroom at the W Hotel in midtown Manhattan where Warner Music Group was hoping it can win over...

Russell Simmons promotes money management

The music and fashion mogul is teaming with CNBC money guru Suze Orman for a six-city tour called "Get Your Money Right" which is designed to teach young people how to manage their money.

The idea is to use star power to teach...

Sean "P. Diddy" Combs Names Robert Wichser President of Sean John

Entrepreneur Sean ‘P. Diddy’ Combs has named Robert Wichser president of his apparel company Sean John.

Wichser will report to Sean Combs, Sean John's founder and chairman, and will oversee all aspects of the company’s...

Jay Z set to launch men's formal clothing line

Hip Hop entrepreneur Shawn "Jay Z" Carter will soon launch a new mens formal wear line. The S. Carter fashion line will be aimed at a more mature man who still listens to hip hop. "The kids are going to do what they're going to...

Russell Simmons Music Group (RSMG) officially named Tony Austin President of RSMG.

The Russell Simmons Music Group (RSMG) a 50/50 joint venture with Island Def Jam (IDJ) which include a label deal and consultancy agreement has officially named entertainment industry executive Tony Austin President of...

Sean "P. Diddy" Combs in seach for executive to run his $450 million Sean John company

Sean Combs is reported looking for a new head executive for his US$450 million Sean John apparel company. He is reportedly in negotiations with Bob Wichser, the former chief executive of Joseph Abboud, about taking on a similar...

AIC Institute for Corporate Citizenship launched with $10 million donation from Michael Lee-Chin

The Rotman School of Business at the University of Toronto has launched the AIC Institute for Corporate Citizenship with a $10 million donation from Jamaican-born financier and philanthropist Michael Lee-Chin.

The institute...

Jay-Z launches new line of upscale watches

Jay-Z and Swiss watchmaker Audemars Piquet announced Tuesday the creation of a limited-edition timepiece. Only 100 of the limited-edition watches will be made, to commemorate Jay-Z’s 10th anniversary in the music industry. 50...

South Africa's Richest Blacks

Patrice Motsepe, 43

This lawyer and gold-mining magnate is estimated to have a networth north of $500 million. He's the biggest single shareholder of the world's fifth-largest gold mining company. He controls 19.8 per cent of...

Sean "P. Diddy" Combs hires new top gun for womenswear

King hustler P. Diddy Combs announced that Jenny La Fata has taken over from Max Wilson as the vice president of Sean John womenswear. Combs plans to press forward until he wins the CFDA award for women's. Combs who won the CFDA...

Russell Simmons Starts New Record Company

Simmons, whose business interests range from fashion to music to film, has reached a joint venture record deal with Universal Music's Island Def Jam Records. The new label will be called The Russell Simmons Music Group.

The...

RLJ Development, LLC Founded by BET CEO Robert L. Johnson, has raised $315 Million in Equity

Press Release

Source: BET/RLJ Development, LLC

Privately held RLJ Development, LLC (RLJ) controlled by Robert L. Johnson, founder and CEO of BET and owner of the NBA Charlotte Bobcats and the WNBA Charlotte Sting, is...

Russell Simmons Financial Empowerment Hip-Hop Summit

Russell Simmons, Chairman of the Hip-Hop Summit Action Network (HSAN) announce the convening of the first Hip-Hop Summit on Financial Empowerment. Under the theme "Get Your Money Right," HSAN is focusing this year's Hip-Hop...

Wal-Mart to sell Quincy Jones line of speakers

The speakers developed in a joint venture between Mr.Jones and SLS International, Inc. the leading developer of sound systems for the commercial, home entertainment, professional and music markets. The Q-Line Silver home theater...

Johnnie Cochran Dead

Famed African American lawyer Johnnie L. Cochran Jr., died Tuesday at age 67. Cochran died of an inoperable brain tumour at his home in Los Angeles, his family said. Cochran became famous for helping win the O.J. Simpson murder...

Sean "P. Diddy" Combs Expanding Empire

Hip Hop entrepreneur Sean Combs has been on a deal making binge lately, signing a movie and tv production deal with MTV. Putting his name on 150 $100 000 special edition Lincoln Navigators. Signing a multi-year partnership with...

Bad Boy Worldwide, MTV announce deal

MTV has agreed to a production deal via a first-look production agreement that could eventually include new TV series and even movies with entrepreneur Sean Combs' company, Bad Boy Worldwide Entertainment Group.

Combs who stars...

Tom Burrell Becomes Third Black to be Inducted into Advertising Hall Of Fame

Tom Burrell Founder and Chairman emeritus of Burrell Communications was inducted into the Advertising Hall of Fame by the American Advertising Federation on March 15 at the Waldorf Astoria hotel in New York City. Burrell who...