Lynda Ireland, Former President & CEO, NY & NJ MSDC, Has Died

Lynda Ireland, the former president and CEO of the New York & New Jersey Minority Supplier Development Council (The Council) and considered one of the nation’s leading advocates  in M/WBE business development, died at Robert Wood Johnson University Hospital of New Brunswick, NJ at age 67 on March 27 following a long illness.Continue reading

Harlem’s Inez Dickens And Black Institute Unveil Business Report At City Hall

[caption id="" align="aligncenter" width="350" class="zemanta-img"] (credit: Elbert Garcia) (Photo credit: Wikipedia)[/caption]

Harlem City Council Inez Dickens, the Black Institute President Bertha Lewis, NYC Public Advocate Letitia James, U.S. Representative Yvette Clarke, Mount Neboh Baptist Church Rev. Dr. Johnnie M. Green Jr., Assemblyman Michael Blake; and other Council Members Kallos, Cumbo, and Eugene, minority business owners representing construction, financial services, and other sectors.Continue reading

‘Magic’ Making Moves On Inner City Broadcasting

According to published reports, basketball Hall of Famer, Earvin "Magic" Johnson, is quietly making moves that could result in acquiring controlling interest in Inner City Broadcasting Corp. and its flagship radio stations in New York, WBLS-FM and WLIB-AM. Thedeal.com reported that ICBC's debt of over $230 million currently held by Goldman Sachs and GE Capital will be changing hands to Magic Johnson Enterprises and Ron Burkle's Yucaipa Companies. The pair have already joined forces to make a number of media moves. The MJE and Yucaipa partnership earlier this year purchased controlling interest in Vibe Holdings, which includes Vibe and Uptown magazines, and the Soul Train TV archives and name. Most recently it made moves to buy three FM stations in the Phoenix metro area.Continue reading