10 Products You Thought Were Owned by Black People, But They’re NOT

wwwaaq

 

Note:  This Post was NOT done by Dr. Boyce Watkins.

But it does have good information, so you should read it to be informed about the black community.  We mention this point because there is someone who feels that Dr. Watkins plagiarized the article, which he did not.  We give credit to where the information was derived, and want the community to have it.  But our team is vast, and Dr. Watkins doesn’t write very many of the posts that appear on KultureKritic.com.  So, we’d also appreciate it if people didn’t give him all the credit for our work.

You see a lot of products that are sold to black people and presented by black people, but not actually owned by black people.   WhyYouMadson.com came up up with a list that they stole from another website, Kiss My Black Ads”,so, we’re going to share the list right here.  Notice that on the list are companies like TV One, which built it’s brand by convincing black people that they were black owned, and that BET is not.  Turns out that they are both owned by white people.


10. Black Entertainment Television

BET was bought out by Viacom back in 2003.  The funny thing is that the quality of their programming has improved since they were sold to white people.

 

9. Def Jam Records

Russell Simmons sold his stake to Polygram in 1999.

8. Marc Ecko
Do you wear this stuff?  If so, then you shouldn’t be on this blog.

7. Jimmy Jazz 
We don’t know what this is, but WhyYouMadSon seems mad about it.

 

badu-essence-cover

 

6. Essence Magazine 

Now owned by Time, Inc and CNN.  The magazine industry is getting competitive, so  a lot of companies are selling out in order to survive.

5. ‘TheGrio, TheRoot, NewsOne, BlackVoices.com

Most of the black online media is owned by someone else.  These entities are controlled by MSNBC, The Washington Post, TV One and AOL, respectively.  They are here to pull together a black audience so they can be packaged for advertisers.  That’s how the game works.

 

4. The George Foreman Grill

George sold the rights to use his name for $127 million.  A good comeback for a man last remembered for getting beat down by Muhammad Ali.

3. Church’s Chicken

If you still eat Church’s chicken, we should inform you that your arteries are probably clogged.  Go see a doctor, NOW.

2. T.V. One

Not only is TV One partly owned by Comcast, they also have a problem with not giving African Americans as many top management positions as they deserve.   They’re a lot like Clear Channel, who seems to think that white people understand how to market to black people better than black people do.

1. SoftSheen Carson

This is L’Oreal, and no, the company is not a black one.

Comments

comments

Powered by Facebook Comments

Share This Post

DeliciousDiggGoogleStumbleuponRSS

5 Responses to 10 Products You Thought Were Owned by Black People, But They’re NOT

  1. kt July 25, 2013 at 2:19 pm

    black americans simply dont pass the baton, quoted mr johnson, bet founder. its like a relay race they win together by passing the baton to the next runner or lose together. we dont want to pass anything on to the other one. so we sit back and watch the mexicans, indians, koreans, etc pass it own. we assume these people have money. not so. patel is a surname indians use like a group name for business that help each other. and if blacks would stop buying stupid s**t that would help. they know we buy clothes cars, shoes, while other things go lacking. its simple blacks should understand economics more than anyone in this country since we were the tool that built it. slavery ended in 1960′s think about it, we are still mentally enslaved, we act, hate each other, just like they wanted, plus we dont accept the effects. its like they say a kid sees his/her mom abuse then they grow up abusing. the same applies to slavery we must stop the self abuse.

    Reply
    • me112233 July 27, 2013 at 2:29 am

      You are sooooo right. I sell insurance for a living. There once a time that an older woman purchased a $25,000 policy on her adult daughter, because she wanted at least some money for her grandkids (who were then under age) if something happened to her daughter. They were poor, and $25,000 seemed like a huge policy to them. About 10 years later, the woman who purchaced the policy died. I called her daughter up on the phone, and told her about the insurance policy, and explained that she could keep it and take over the payments if she wanted to. The premuim was a whopping $18 a month, but she protested that she couldn’t afford it. She said that she already had a $10,000 policy that she had purchased on her own, and the premium was almost identical, and there was no way she could afford $36 a month (total) for life insurance. I suggested that she keep the $25,000 policy, and cancel the $10,000 one (logical, since they were the same price). Her response floored me. She said she wanted the $10,000 policy, which would provide little more than funeral expenses, because she didn’t want anybody getting anything off of her when she died. Talk about one selfish, pitiiful excuse of a human being. The woman (her mother) who purchased the pollicy was respected in your small community (by all people, not just blacks) and was the local head of the NAACP. Her daughter, on the other hand, was nothing short of black trash. But this illustrates your piont — black people are notorious for not wanted to pass anything on.

      Reply
  2. Glenn Krasner July 25, 2013 at 7:27 pm

    50% of the companies listed were founded, owned, and managed by black people, and those entrepreneurs eventually chose to sell out to a mega-corporation for a ton of money, and in some cases, a lucrative management contract. Left off of the list was Rockafella Records and RocaWear, both co-founded by Jay-Z and Damon Dash. Dash eventually got pushed out, and Jay-Z sold out for hundreds of millions of dollars and an executive management contact. Mega-Corporations run everything, including formerly white-owned businesses, and one cannot hold it against a founding entrepreneur to cash out for the future of his or her family. One of the original entrepreneurs who did this was Berry Gordy, who sold Motown to Polygram Records many, many years ago. If you interview any of these original founding black entrepreneurs, they have made large fortunes, and I doubt you would here any complaints from any of them. The challenge today, for black/white/Latino/everybody entrepreneurs, is to find a niche not controlled by a mega-corporation so as to make new fortunes for ourselves. Glenn Krasner in the Bronx, NY

    Reply
  3. madpoet July 25, 2013 at 11:59 pm

    Damn, I’m stunned! Another example of why black folks don’t have political power, too busy thinking of self & self indulgence. Black people build these brands then behind closed doors sell them. All the while blacks are still thinking they’re supporting Black Owned. They forgot to mention Roc a wear, Jay Z sold that too! I’m riding with my man Kaleem that owns Dreadheadworld.com, an up & coming Black Owned Clothing company. 100% his own label w/ his own money!

    Reply
  4. HiRoader2 July 26, 2013 at 8:15 am

    This is an good informative article … We also want to be informed on those companies , banks & corporations who work towards the* detriment of its AA consumers…

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>