In order to invest in the mainstream media business and be successful, it is almost necessary to be a billionaire in the giant cable business. African Americans don’t come into the media business with a fortune, and many of the longtime media moguls have consolidated their companies. This means that billionaires decide who will be hired, and 88% of them are white males.
In the news business there are 15 billionaires like Rupert Murdoch, Michael Bloomberg, Jeff Bezos and others, who control several of America’s influential national newspapers, magazines, local papers and online publications. It is obvious that there is a coordinated system in the American media, and the big boys decide who they will allow to play.
There is a lack of diversity in American media, and only 6% are minority. Some experts say there are no television stations owned by Blacks in America, and others say there are 10, but the numbers are terrible. Many of the Blacks only own a certain percentage of their television station, and very few Blacks own their own shows.
The Hispanics own networks, such as Telemundo and Latin Business Today, and they find themselves in a better financial situation than Blacks. Telemundo is owned by a major mainstream media company, but they have more control.
Where is the Black owned media, and how will there be more diversity in mainstream media and television?
In 2020, Blacks must build coalitions and force the billionaires’ media companies to hire more Blacks in decision making positions. Black media companies must hold mainstream media companies accountable for their terrible numbers, and demand everyday more positive Black stories. Blacks must also be at the table when public companies make decisions about local television stations.
Black organizations across the country must unite from coast to coast, and demand more diversity across ethnic lines. In Africa there are billionaires, who can invest in projects, causes, and television shows, because they are sitting on fortunes. Everyday Blacks must shop-Black, and the community must think Black.
Entertainment Studios Network owned by a Black man, Byron Allen, a comedian, television host, and entrepreneur has sued telecommunications giants Comcast Corp, and Charter Communications. They have refused to distribute his shows on their stations, while launching scores of mostly white-owned shows on their networks. Byron Allen says his stations and shows are 100% African American owned Media Company operating seven television channels.
Allen issued a statement, “This case is not about African American-themed programming, but is about African American ownership of networks. Unfortunately, the networks Comcast refers to as African American-owned are not wholly-owned by African Americans, and did not get any carriage until I stood up and spoke out about this discrimination and economic exclusion.”
It is no accident that there is only a hand full of Black TV stations, and very few Black owned Media companies, and that is because of racism and discrimination. There are very few Black TV networks, because the billionaires decide who is allowed to work.
On every level there is a need for more Black media companies, more host, reporters, and more in decision making positions. Blacks must organize, sue mainstream media in your city, county and state, and demand more Black stories and images. In 2020, Blacks are building powerful media companies, but we must continue to fight. We must organize, unify, build coalitions, and work with African billionaires.