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Black Enterprise

African-American-owned multimedia company


African-American-owned multimedia company

FieldValue
titleBlack Enterprise
image_fileBlack_Enterprise_1st_issue_cover.jpg
image_captionCover of the first issue (August 1970), featuring Charles Evers
image_size
editorDerek T. Dingle
editor_titleEditor-in-Chief
frequencyBimonthly
total_circulation534,752
circulation_year2013
companyEarl G. Graves Publishing Company, Inc.
publisherEarl G. Graves Sr.
firstdate1970
countryUnited States
basedNew York City
website
issn0006-4165

Black Enterprise (stylized in all caps) is an American multimedia company. A Black-owned business since the 1970s, its flagship product Black Enterprise magazine has covered African American businesses with a readership of 3.7 million. The company was founded in 1970 by Earl 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. In 2002, the magazine launched a supplement targeting teens, Teenpreneur. Black Enterprise also has two nationally syndicated television shows, Our World with Black Enterprise and Women of Power.

History

The magazine was founded by Earl G. Graves Sr. In January 2006, he named his eldest son, Earl G. Graves Jr. (known as "Butch"), the company's chief executive officer. Butch joined the company in 1988 after earning his M.B.A. from Harvard University; he received his bachelor's degree in economics from Yale 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.

Award

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

References

References

  1. (June 30, 2013). "Alliance for Audited Media Snapshot Report – 6/30/2013". [[Alliance for Audited Media]].
  2. Enterprise, Black. "BLACK ENTERPRISE Announces The Most Powerful Women In Business".
  3. Alfred Edmond, Jr, [http://www.blackenterprise.com/small-business/black-enterprise-be-100s-ranks-largest-black-owned-businesse/ "Black Enterprise Publishes Rankings Of Nation’s Largest Black-Owned Businesses"] {{Webarchive. link. (2014-11-13 , ''Black Enterprise'', June 30, 2014.)
  4. Caryn Freeman, [http://thegrio.com/2012/05/25/black-enterprise-celebrates-40-years-of-listing-americas-largest-black-companies/ "Black Enterprise celebrates 40 years of listing America's largest black companies"] {{Webarchive. link. (2014-11-13 , The Grio, May 25, 2012.)
  5. (September 25, 2002). "Teen business magazine debuts with parent publication". The Chicago Tribune.
  6. (February 5, 2007). "Political and business leaders: CEOs to beauty empires". CNN.com.
  7. [https://www.bloomberg.com/research/stocks/private/person.asp?personId=4036392&privcapId=4437793 "Company Overview of Earl G. Graves Ltd"], Bloomberg.
  8. (May 25, 2011). "Corporate Secretary Announces New Editor". Business Insider.
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