Black Enterprise

Black Enterprise
Editor-in-Chief Derek T. Dingle
Frequency Bimonthly
Publisher Earl G. Graves Sr.
Total circulation
(2013)		 534,752[1]
First issue 1970
Company Earl G. Graves Publishing Company, Inc.
Country United States
Based in New York City
Website blackenterprise.com
ISSN 0006-4165

Black Enterprise is a black-owned multimedia company. 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 both print and on digital, an annual listing of the largest African-American companies in the country, or "B.E. 100's", first compiled and published in 1973.[2][3] In 2002 the magazine launched a supplement targeting teens, Teenpreneur.[4] 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.[5] In January 2006, Graves named his eldest son, Earl G. Graves Jr. (known as "Butch"), the company’s chief executive officer.[6] 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

The magazine won the 1997 FOLIO: Editorial Excellence Award[7] in the business/finance consumer magazine category.

See also

References

  1. ↑ "Alliance for Audited Media Snapshot Report – 6/30/2013". Alliance for Audited Media. June 30, 2013. Retrieved February 2, 2014.
  2. ↑ Alfred Edmond, Jr, "Black Enterprise Publishes Rankings Of Nation’s Largest Black-Owned Businesses", Black Enterprise, June 30, 2014.
  3. ↑ Caryn Freeman, "Black Enterprise celebrates 40 years of listing America’s largest black companies", The Grio, May 25, 2012.
  4. ↑ Rob Kaiser (September 25, 2002). "Teen business magazine debuts with parent publication". The Chicago Tribune. Retrieved August 3, 2015.
  5. ↑ "Political and business leaders: CEOs to beauty empires". CNN.com. February 5, 2007. Retrieved April 12, 2018.
  6. ↑ "Company Overview of Earl G. Graves Ltd", Bloomberg.
  7. ↑ "Corporate Secretary Announces New Editor". Business Insider. May 25, 2011. Retrieved April 12, 2018.


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