By: BlackEntrepreneurProfile.com
Position: Chairman & CEO,
Company: Moguldom Media Group,
Industry: Media,
Country: United States
Jamarlin Martin, is the founder, chairman and CEO of Moguldom Media Group, the publisher of Bossip, MadameNoire, HipHopWired, 24Wired and StyleBlazer.
Moguldom’s sites collectively are estimated to attract approximately 12 million unique visitors each month. That’s more traffic than BET, Interactive One, Vibe and Essence combined.
Moguldom Media Group had revenue of $10 millions in 2012 according to Inc. Magazine, and projects 2013 ad revenue to exceed $15 million according to The Hollywood Reporter, up 50% from 2012. Revenues are projected to reach $25 million in 2014.
Moguldom Media announced its expansion into film in late 2013. With plans to complete six documentaries in 2013 at a cost of about $200,000 each, and anticipates producing 15 documentaries a year beginning in 2014.
Mr. Martin is said to have launched Moguldom in 2005 after noticing an opportunity in the market for an African American publisher that could reach a new generation of consumers.
“Moguldom’s success stems from our innovative model of reaching our audience through the triple threat impact of online, mobile and social integration,” said Mr. Martin in a 2012 press release. “We know how to meaningfully engage our audience through authentic, relevant content across today’s multi-channel landscape.”
Moguldom, founded in 2005, has grown to an organization with more than 84 employees. It was ranked no. 11, on Inc. Magazine’s 2013 list of the top 100 fastest-growing media companies in America, and the 653rd spot in the general listing of Inc.’s 5000 fastest growing companies in America.
Mr. Martin told TechCrunch in 2012, the company has grown without raising venture capital and by doing so, he avoided being forced to grow the company at a certain pace, and he didn’t have to deal with the “friction” of VC oversight.
Prior to Moguldom Media Group, Mr. Martin founded and managed The Detached Trader, a currency trading and financial markets blog. Previously, Mr. Martin worked as a paralegal for Paul, Weiss, Rifkind, Wharton.
Mr. Martin attended Syracuse University College of Law and is a graduate of Morehouse College.
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