money & business

Black Press Business/Economic Feature

By WILLIAM REED

Armstrong WilliamsAs Blacks enter the New Year we suggest we collectively evolve a racial ethos that puts more emphasis on entrepreneurs, who they are putting forth more celebrations that honor these mold-breakers. The successful entrepreneur that inspired our judges as “an enterprising leader” is broadcast executive Armstrong Williams who has quietly became the country's largest Black television station owner.

For thirty years, “the Business Exchange” and Network has sought out and honored entrepreneurs whose boldness drive them to do things differently and change our society our world in unexpected ways. By purchasing the stations KVMY (the Vegas MyNet affiliate) and WLYH (the CW affiliate in Harrisburg, Pennsylvania), Williams brought his total television station holdings to 7. Given that only 12 out of over 2,000 stations in the country are Black-owned. Williams’ deal with Sinclair Broadcasting made Williams the most powerful black broadcasting media mogul in the country. More ↠

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