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You are here: Home / Archives for Chicago Defender

Chicago Defender

The Silence of Black Wealth: When the Billionaires Turned Their Backs on the Black Press

October 29, 2025 By MKE Community Journal Leave a Comment

A detailed close-up of tightly rolled bundles of US dollar banknotes, suggesting accumulated wealth or savings. However, in the context of inflation, this image subtly conveys the idea that even significant amounts of money can lose their real value over time. It represents the quiet erosion of purchasing power, making it a compelling visual for discussions on long-term financial planning, investment strategies, the impact of rising prices on accumulated capital, and the challenge of preserving wealth in an inflationary economy.

By Stacy M. Brown
Black Press USA Senior National Correspondent

Two months ago, famed civil rights attorney Benjamin Crump stood before a ballroom filled with the echoes of history. He did not whisper. He thundered. “If you’ve been blessed,” he said, “you got to pass the blessing on. You just can’t keep it to yourself.” Then he pledged fifty thousand dollars to the Black Press of America. It was not an act of charity. It was an act of faith. A declaration that the oldest voice of Black truth must live to speak again. Crump said he made his gift public because he wanted others to follow. He said he hoped those who had been lifted by the love and loyalty of Black people would remember who gave them their first breath of recognition. He hoped they would remember that the Black Press was not a charity case but a lifeline. Two months later, the silence has been deafening.

Magic Johnson’s people said “no.” David Steward, founder of World Wide Technology, said “no.” Jay-Z’s team didn’t bother to return calls. Janice Bryant Howroyd of the Act-One Group did not respond. Richelieu Dennis of Sundial Brands did not respond. Daymond John, Thomas Moorehead, and Tristan Walker did not respond. Tyler Perry, Robert Smith, and Oprah Winfrey did not respond. Dr. Dre, Spike Lee, and Michael Jordan each have also ignored multiple attempts to have conversations. Even across the ocean, Africa’s wealthiest men—Aliko Dangote, Mike Adenuga, Patrice Motsepe, Strive Masiyiwa, and Abdulsamad Rabiu—have people working for them who won’t acknowledge the Black Press with a simple response. Let the record show what was asked of them. The Black Press did not beg for charity. The Black Press asked to advertise their companies, their products, and their services. We asked to build relationships that honor the communities they came from. Many of them, like Magic, Oprah, and Jordan, have foundations that could have given grants if their hearts were so moved. The Black Press only asked that they see its worth.

Even the Democratic Party, carried to power by Black faith and Black votes, has turned away. The same party that claims to speak for equality now walks quietly in step with Trump’s anti-diversity crusade. They have shut the Black Press out of advertising dollars while funneling millions into white-owned mainstream media. It is hypocrisy dressed in progress to preach inclusion while starving the very storytellers who gave them the language of struggle.

This abandonment comes at a time when Trump has declared war on the lives and livelihoods of Black people. His administration has terminated more than three hundred thousand Black women from federal jobs that once sustained families. His policies against diversity have closed doors for hundreds of thousands of other Black men and women. Companies, emboldened by his rhetoric, continue to lay off and fire workers, many of them Black. And in the middle of this storm stands the Black Press — the last institution that still employs and uplifts hundreds of Black men and women who have families to support. Each of the more than two hundred newspapers and media companies in the Black Press represents not only truth on paper, but food on a table, tuition paid, rent covered, and the dignity of work preserved. The Black Press has been here before. It has stood when Frederick Douglass told a nation built on lies that truth would not die. It stood when Ida B. Wells printed the names of the lynched. It stood when Mamie Till demanded that the world look at her child. It stood when Dr. King wrote from Birmingham Jail. It stood when Malcolm X spoke the raw truth America refused to face. It stood when the white press would not. And it still stands today, two centuries strong, built by two brave souls – John B. Russwurm and Samuel Cornish during slavery – and, now, carried mostly on the backs of Black women. The Chicago Defender. The New Pittsburgh Courier. EBONY. The Amsterdam News. The Philadelphia Tribune. The Afro American. The St. Louis American. The Los Angeles Sentinel. The Michigan Chronicle. The Washington Informer. These are not relics of a fading past. They are the pulse of a people who refuse to vanish.

Many of these newspapers live in the same cities that raised the icons now silent. Chicago, where Jordan and Oprah became legends. Los Angeles, where Magic Johnson built his empire. Brooklyn, where Spike Lee found his voice. Philadelphia and New York, where Jay-Z and Will Smith found theirs. The irony is sharp. These newspapers gave many of them their first headlines, their first interviews, their first measure of respect. Remember EBONY? JET? How about Right On! Yet now, as the Black Press struggles for air, those it once lifted act as if they never knew its name. So it is that in this moment of trial, a civil rights attorney and a white businessman stand nearly alone. Mark Cuban, through his Cost-Plus Drugs company, reached into his own pocket and gave one hundred thousand dollars to the Black Press without hesitation. He did not wait to be convinced. He saw the need and answered it. Two hundred years of truth are hanging by a thread. The presses still turn. The ink still flows. But for how long? If the Black Press falls, so does the record of our struggle, our triumph, and our faith.

And when that day comes, history will not say the Black Press was destroyed by white supremacy. It will say it was abandoned by its own.

“We are going to save ourselves,” Crump declared. “We are all we need.” His words were not sentimental. They were a warning. Because a people without storytellers are a people without memory.

Filed Under: Economy Tagged With: abandonment, Abdulsamad Rabiu, Act-One Group, African billionaires, African-American media, Aliko Dangote, America’s history, Amsterdam News, anti-diversity policies, Benjamin Crump, Black economic power, Black Entrepreneurs, Black History, Black journalism, Black media, Black media legacy, Black newspapers, black owned businesses, Black press, Black Press of America, Black storytellers, Black Voices, Black wealth, black women, celebrity donations, Chicago Defender, civil rights attorney, community empowerment, Cost Plus Drugs, cultural memory, David Steward, Daymond John, Democratic Party, Dr Martin Luther King Jr, Ebony, equality, faith, Featured, federal job cuts, Frederick Douglass, freedom of the press, historical preservation, Ida B. Wells, Janice Bryant Howroyd, jay-Z, jet, John B. Russwurm, Journalism, Los Angeles Sentinel, Magic Johnson, Malcolm X, Mamie Till, Mark Cuban, media diversity, media funding, media representation, Michael Jordan, Michigan Chronicle, Mike Adenuga, New Pittsburgh Courier, Oprah Winfrey, Patrice Motsepe, Philadelphia tribune, Philanthropy, philanthropy in Black community, political hypocrisy, racial inequality, Racial Justice, representation, responsibility, Richelieu Dennis, Robert Smith, Samuel Cornish, Spike Lee, St. Louis American, storytelling, Strive Masiyiwa, Sundial Brands, survival, systemic racism, The Afro American, Thomas Moorehead, Tristan Walker, Trump Administration, truth and justice, truth-telling, Tyler Perry, unemployment, unity, Washington Informer, World Wide Technology

Rev. Bryant and the Black Press Won’t Let Target Off the Hook

April 22, 2025 By MKE Community Journal Leave a Comment

Santa Fe, NM: A Target employee pulls red shopping carts into the Santa Fe NM store. Santa Fe’s Target is constructed in the Southwest Pueblo architectural style. (Photo by Jann Huizenga)

By Stacy M. Brown
BlackPressUSA.com Senior National Correspondent

Rev. Jamal Bryant is urging Black Americans to keep the pressure on Target by continuing the national boycott that began as a 40-day economic “fast.” The move, sparked by the retail giant’s decision to end its diversity, equity, and inclusion (DEI) initiatives, has already cost the company an estimated $12 billion, Bryant said. “Because of your fast, Target has lost $12 billion,” Bryant told his congregation. “I am so grateful that there is power in unity, and we know the strength of Black economics.” Since the fast began, Target’s stock has plummeted from $138 to $94 per share, and in-store foot traffic is down by 7.9%. The boycott gained traction after Target announced it would wind down racial equity programs it introduced following the 2020 police killing of George Floyd. The company, which operates nearly 2,000 stores and employs over 400,000 people, said it had always planned to sunset the programs after three years. However, many saw the decision as a retreat from commitments made to Black communities.

After meeting with Target executives, Bryant confirmed that the company agreed to just one of the boycott’s four major demands: fulfilling its $2 billion pledge to support Black businesses through product placement, services, and investments in Black-owned media. The company has yet to meet demands to deposit $250 million into Black-owned banks, reinstate DEI programs, or fund community pipeline centers at 10 HBCUs focused on teaching retail business. Bryant said Target’s response wasn’t enough. “Target cannot selectively decide which parts of our dignity they’re willing to honor,” he said. A growing coalition of African American leaders and organizations—including the National Newspaper Publishers Association (NNPA)—has continued meeting to strategize further action. At the center of the discussion is the role of the Black Press, which Target has yet to acknowledge in a meaningful way, despite more than a year of outreach by the NNPA under President Dr. Benjamin F. Chavis Jr., with assistance from former U.S. Sen. Laphonza Butler.

Chavis stressed that any agreement with Target must include investment in Black-owned media, including outlets like BlackPressUSA.com, The Washington Informer, Philadelphia Tribune, and Chicago Defender. “The dissemination of this message and narrative is only accurately done by the Black Press in 2025 and beyond,” Chavis said. For nearly 200 years, the Black Press has played a pivotal role in American life, particularly for African Americans. From its inception in 1827 with Freedom’s Journal, the Black Press has informed, educated, and empowered Black communities while countering the negative portrayals that dominate mainstream media. As documented by the Oxford Bibliographies, the Black Press has served as “agents of social change” and “defenders of shared values and interests.” During Reconstruction and Jim Crow, Black journalists like Ida B. Wells used the press to expose racial violence and injustice. Wells’ work documenting lynchings and countering white supremacist propaganda laid the foundation for the Black Press to serve as a vital corrective force in American media. That legacy remains just as urgent today. Modern studies show that negative portrayals of Black people in media lead to harmful outcomes, from over-criminalization and over-sexualization to negative health effects and social exclusion. The Black Press continues to challenge that narrative.

Cheryl Smith, publisher of Texas Metro News and Garland Journal, said the importance of the Black Press cannot be overstated. “If we look back at every period in our lives since its inception, we can see how significant the Black Press was,” Smith said. “We need to see it and believe it every day we get up, and I promise you, we will be stronger, more vibrant, and more powerful people.” The NNPA currently represents more than 200 Black-owned newspapers across the country, continuing a legacy that is nearly as old as the United States itself. As America nears its 249th birthday, the Black Press marks 198 years of continuous service. “The largest Black population in American history are now openly and unapologetically demanding freedom, justice, equality, democracy, and equity,” Chavis said. “And the only media institutions that have always stood with us are our own.” As Bryant calls for continued boycott efforts, he and Chavis are reminding Black America that real leverage comes not only from what it refuses to accept—but also from what it insists on valuing. “We’ve seen what happens when we stand together,” Bryant said. “Now we keep standing.”

Filed Under: Economy Tagged With: African American leadership, Benjamin Chavis, Black community investment, Black economic boycott, Black economic power, Black financial institutions, Black media funding, Black newspapers, black owned businesses, Black press, Black-owned media, BlackPressUSA, Cheryl Smith, Chicago Defender, DEI rollback, diversity equity inclusion, economic activism, Freedom’s Journal, Garland Journal, George Floyd, HBCUs, Ida B. Wells, Jamal Bryant, Laphonza Butler, media representation, modern civil rights, negative media portrayals, NNPA, Philadelphia tribune, racial equity, Racial Justice, racial justice movement, Social Justice, Target boycott, Target DEI programs, Target foot traffic, Target stock decline, Texas Metro News, The Washington Informer

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