Despite President Donald Trump’s orders, Comcast is one of several media companies the Federal Communications Commission (FCC) is investigating for allegedly promoting diversity, equity, and inclusion (DEI) programs. According to Reuters, FCC Chair Brendan Carr announced the opening of the investigation into NBC News and its parent company, Comcast, on Tuesday, Feb. 12, 2025, citing “substantial evidence” that the companies continue to promote DEI. Carr noted that Comcast operates across multiple FCC-regulated sectors, including cable, high-speed internet, broadcast television stations, and wireless services. “The FCC will be taking fresh action to ensure that every entity the FCC regulates complies with the civil rights protections enshrined in the Communications Act… including by shutting down any programs that promote invidious forms of DEI discrimination,” the letter to Comcast CEO Brian Roberts read, per Reuters. The FCC is also reviewing whether a “60 Minutes” interview with...

Over 123 million people worldwide tuned into Super Bowl LIX this year to see the Kansas City Chiefs face off against the Philadelphia Eagles . Whether you watched from a sports bar, from your couch or from the seats at Caesars Superdome in New Orleans, you likely encountered a number of highlights from the game itself, the electrifying halftime performance and the hilarious array of eye-popping ads. It’s long been known that the big game is the premiere advertising event of the year, as brands across the nation have a chance to place their product or service in front of millions of viewers from all over the globe. Many major companies utilize their Super Bowl ad space to launch brand new products, high-ticket expansions or comedic pop culture zingers designed to be dissected by the water cooler the following week. But how much are these companies really paying out to get their ads out there? It seems as though each Super Bowl carries an exponential price tag for air time, even...

In a move that has sparked considerable debate, PBS announced the closure of its Diversity, Equity, and Inclusion (DEI) office, citing compliance with executive orders issued by President Donald Trump. According to Deadline, the decision was confirmed through a memo from PBS President and CEO Paula Kerger, marking a significant rollback of the organization’s DEI efforts — a trend increasingly observed across public and private sectors as political pressures increase. A Sudden Shift In Strategy As reported by The New York Times reporter Ben Mullin via X (formerly Twitter), the memo revealed that PBS’s DEI office would be shuttered and that key leaders Cecilia Loving, senior vice president of DEI, and Gina Leow, director of DEI, would be departing the organization. Kerger noted, “To ensure that we are complying with the president’s executive order, we have closed our DEI office, and Cecilia Loving and Gina Leow are leaving PBS.” Adding to the dissonance is the fact that this...

South African billionaire Elon Musk is known for his desire to swallow up companies and rebrand them with his own trendy vision. The Tesla CEO previously used his familial wealth to purchase stakes in such businesses as PayPal, SpaceX and of course, X (formerly Twitter). Now, according to official statements made by the Trump administration cabinet pick, the emerald mine profiteer is considering buying the rights to Vine, a defunct app which predates TikTok . This would be a major development in the world of social media, since the latter is still potentially facing a long-term ban within the United States, unless the app’s parent company ByteDance can agree to divest to American financial interests. When prompted by a fellow X user about bringing Vine back into the fray to fill in the power vacuum left by TikTok, Musk simply responded, “We’re looking into it.” So, now seems like as good a time as any to examine what Vine is (or was), how Elon could bring it back to compete with...

Rashida Jones is stepping down as president of MSNBC, marking a significant transition just days before President-elect Donald Trump returns to the White House . USA Today reports that she will remain in an advisory role until March. Rebecca Kutler, a Jones recruit from CNN and MSNBC’s senior vice president of content strategy, will serve as the interim president. “I came to this decision over the holidays while reflecting on our remarkable journey and the many successes we’ve achieved together as a team,” Jones shared in an internal memo to staff, per USA Today. “This has been the most rewarding chapter of my professional career and I am immensely proud of what we have accomplished, which has been made possible only by you.” Jones was the first Black woman to head a major television news network when appointed in December 2020, AFROTECH™ previously reported. She succeeded Phil Griffin, officially stepping into the role in Feb. 1, 2021. Jones previously served as senior vice...

Byron Allen’s $10 billion lawsuit against a major fast-food chain is heading to trial. Allen Media Group (AMG) filed the lawsuit against McDonald’s in the Superior Court of California in Los Angeles in May 2021, per Deadline. The lawsuit alleges that McDonald’s has engaged in racial discrimination by failing to allocate advertising dollars to Black-owned media companies, despite the fact that 40% of its U.S. sales come from the Black community. It claims McDonald’s refused to contract with AMG’s Entertainment Studios and Weather Group and sets Black-owned media at a disadvantage during the bidding process for advertising. Allen and other leaders of Black-owned media companies requested in a letter that McDonald’s commit 5% to 15% of its advertising budget to Black-owned media outlets. McDonald’s said at the time, “Together with our Owner/Operators, we have doubled down on our relationships with diverse-owned partners. This includes increasing our spend with diverse-owned media from...

The Forbes Union has walked out after publishing the company’s annual “30 Under 30” list. The list’s Class of 2025 features individuals across industries such as sports, entertainment, energy and green tech, artificial intelligence, food and drink, venture capital, marketing and advertising, science, and gaming, among others. Boston Celtics player Jayson Tatum, country artist Shaboozey , actress Ryan Destiny, Miss EmpowHer founder Caitlyn Kumi, and Foundry Technologies founder Jared Quincy Davis are some of the individuals listed. View this post on Instagram A post shared by Forbes (@forbes)   A total of 600 individuals are featured, collectively contributing $3.6 billion in funding and amassing over 300 million followers across social media, Forbes states. Unsurprisingly, the list generates significant buzz and excitement among readers. It’s precisely for these reasons that editorial staffers made a calculated decision to stage a walkout, drawing attention to a three-year-long...

New changes are underway at LeBron James’ media company. Bloomberg previously reported that the SpringHill Co., owned by James and Maverick Carter, had been in talks for several months with Fulwell 73, a British television, music, and film company known for “The Kardashians” and “Carpool Karaoke .” Sources close to the discussions mentioned plans for unscripted and live programming, with both parties aiming to leverage their resources across Europe and the United States. Now, it has been confirmed that the two companies will merge, however without any money being exchanged. The merger will instead be supported by a $40 million investment toward future growth from entities such as Fenway Sports Group, RedBird Capital Partners, UC Investments, Nike, Epic Games, Main Street Advisors, and Eldridge Industries, according to Variety. “We didn’t want to stand still and ultimately just be a production company where more and more you are in the services business. We’re producers for hire,”...

Whoopi Goldberg is launching a sports platform for women. During a taping of “The Tonight Show Starring Jimmy Fallon,” she announced the launch of All Women’s Sports Network (AWSN), which has already broken ground in Asia, the Middle East, and India with the help of partners CommonSpirit and Jungo TV. “It’ll be the home for live women’s sports from around the world. Everything from soccer, basketball, tennis, cricket, curling — you name it. If a woman is playing it, we’re showing it,” Goldberg said on the show. Goldberg’s motivation for the network was planted when she was a child. She recalls a time when her brother would play a variety of sports, but she was often left out due to her gender, mentions Yahoo Sports. Throughout her career, she recalls engaging in conversations about how to move the needle in women’s sports. “Ever since I was a little kid, I always wanted to play sports. My brother could play … he played everything,” she explained. “So, for years, I’ve been talking to...

It’s been almost 12 years since the tragic Sandy Hook Elementary School shooting took the lives of 26 people (20 of them children) in Newton, Connecticut. While Alex Jones, a well-known right-wing commentator and owner of Infowars, has since taken back his comments about the incident being a hoax , he still owes the families of the victims over $1 billion in personal damages after they took legal action against him for emotional distress and defamation. Despite the controversy surrounding his name , “ Jones and other right-wing commentators once on the fringe have catapulted in popularity as many people have moved away from traditional news sources,” the Associated Press notes. Thanks to those who still support him, the 50-year-old has made millions from his radio and internet shows, plus the sale of nutritional supplements, survival gear, clothing and other merchandise, keeping him afloat in tense times. Two years after filing for bankruptcy, Jones stands to lose the company he’s...

BET+ and Braze to Provide 1:1 Mentorship Guidance in Branding, Email Advertising, and Engagement Strategies to Select Companies through First-ever Partnership In 2023, startups founded by Black entrepreneurs in the US received less than 0.5% of venture funding, and woman-founded startups just 2.2% . To help address this imbalance, Braze, a leading customer engagement platform, has developed Tech for an Equitable Future, a product grant program. The initiative is designed to help underrepresented founders accelerate their company’s growth with the use of Braze technology, increasing their chances at securing future VC funding. The innovative initiative selects 20 startups from APAC, EMEA, and North America with founders from underrepresented backgrounds—including Black and women entrepreneurs. These businesses will receive 12 months of free access to Braze technology, as well as a range of supporting resources aimed at driving business growth and scalability. Each company will...

Snoop Dogg is a marketing machine. The rapper, who is also a serial entrepreneur and the owner and CEO of Death Row Records, kept himself busy over the summer as the torchbearer and NBC Special Correspondent during the 2024 Paris Olympic Games. Snoop Dogg’s screen time included travel with the U.S. men’s basketball team, which concluded with a segment about the team’s synergy in conversation with sports commentator Mike Tirico. He also shared some viral moments, including a swim lesson with 28-time Olympic medalist Michael Phelps and his attendance at the gymnastics qualifying round, which sparked a dance moment with Simone Biles and Jordan Chiles.   Speaking of his appointment he told The Associated Press, “This opportunity was nothing but a chance for me to show the world what it’s supposed to look like when you put the right person in the right environment.” It appears NBC Sports’ coverage of the 2024 Paris Summer Olympics has led to a significant boost for its parent company,...

Wall Street day traders found themselves shocked and confused last week when Reddit’s stock price climbed to heights of 58 percent, surpassing the expectations of even the most liberal investors on r/WallStreetBets. The social media site , which is primarily used for sharing opinions, discussing niche topics and delivering daily news to millions of user-generated in-groups, reported $348.4 million in Q3 revenue according to data on Yahoo Finance . While these sky-high figures would be a bit surprising to most financial analysts, they were especially shocking to Wall Street insiders , who were reportedly planning to short the RDDT stock based on their expectation that the site would lose money during the most recent earnings report . In order to understand why and how the Reddit stock was able to surpass expectations, we’ll have to take a brief look at what’s changed in the site’s business model in recent months, watch similar stocks such as META and NVDA, and study the industry...

Issa Rae transformed her online presence from an “awkward Black girl” to a media mogul with several hit series. Now, she’s channeling her success into empowering the next generation of creators, helping them forge their own paths in the industry. As shared in a press release, the award-winning actress, writer, and producer’s management firm, ColorCreative, which promotes women and minority talent, has partnered with Tubi to launch Stubios. The program will help five creative teams develop debut projects that will premiere on the streaming platform. ColorCreative will provide mentorship, while Tubi will fund the productions, according to TubeFilter. “I am deeply passionate about creating pathways to sustainable careers into Hollywood for creatives of diverse backgrounds,” Issa Rae previously said in a statement. “We at ColorCreative are thrilled to see Tubi taking this important and bold step, and we’re excited to support and guide Stubios creatives on their first long-form...

If you have even a passive interest in sports, professional fighting , or mixed martial arts, you’re undoubtedly aware of the UFC, which shattered records in 2023 as the largest MMA promotion in the world. The entity, whose title is short for Ultimate Fighting Championship, is one of the largest subsidiaries of Endeavor Group Holdings, which owns such massive companies as the Asylum Entertainment Group, TKO Group Holdings, and Professional Bull Riders. As of 2024, the UFC has ballooned its market capital to record highs , and run more than 700 events worldwide. According to BetMGM , the UFC is currently valued at a net worth of over $12 billion, with expectations to continue growing as the years carry on. Given that the outlet is so successful, it only makes sense that we perform a deep dive into the history and financial security of the business. Any entity which balloons from a humble MMA showcase to a multi-billion industry in the span of just 30 years is absolutely worth...