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Bob Johnson

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BET Founder Bob Johnson, AMC Networks to Rebrand Black-Focused Streaming Service UMC As 'ALLBLK'

The year of 2020 is when streaming services took over and it looks like their epic reign will continue throughout 2021. UMC — the Black-focused streaming service created by BET founder Robert L. Johnson — announced plans to launch a rebrand under the name “ALLBLK” in January 2021 to ramp up on Black TV and film content. This first quarter launch will find the streaming service debuting a premium look and feel for ALLBLK as it’s scheduled to produce a robust slate of original series next year – including the previously announced multi-cam comedy, “Millennials”; MC Lyte sitcom, “Partners In Rhyme”; legal drama,”Lace”; haircare makeover series, “My Mane Problem”; and the Datari Turner/eOne reality series, “Notorious Queens.” UMC was initially created as a first-to-market subscription streaming service focused primarily on targeting Black audiences, with dedicated content for and by Black people. “UMC began as a distribution model for Black creatives to directly reach the then largely...

Dec 11, 2020

Media Moguls Bob Johnson, John Malone Reconnect to Help Minorities Increase Retirement Savings

In 1980, media moguls Bob Johnson and John Malone partnered together to launch prominent cable network, BET (Black Entertainment Television). Now 40 years later, they’ve reconnected to team up for a new business venture. According to Black Enterprise, serial entrepreneur Johnson started RLJ Cos., his portfolio of businesses that include the Retirement Clearinghouse L.L.C. — a company in which businessman Malone is now an investor in. Citing this renewed partnership as a “meeting of like minds,” both Johnson and Malone announced the latter party has purchased a minority stake in Retirement Clearinghouse to help shrink the wealth and retirement savings gap for minorities, a news release reports. “I invested alongside Bob when he launched Black Entertainment Television. When Bob approached me to talk about his work with 401(k) auto portability, I recognized an opportunity to extend that work into practical ways to achieve inclusive capitalism,” Malone shared in a statement . He also...

Nov 27, 2020

BET Billionaire Predicts Trump 2020 Presidency

Although the 2020 election is nearly one year away, BET founder Robert L. Johnson has already predicted the outcome. In a recent CNBC interview, the billionaire entrepreneur and philanthropist projected President Donald Trump’s win based on the President’s strategic ability to turn the tide of news cycles and to make himself the lead story . In the past, Johnson has also touted the President’s economic success. In July, Johnson discussed the upward economic trend with CNBC, indicating record lows of black unemployment . More recently, in an interview with CNBC’s  “Squawk Box,” Johnson spoke about his ability to speak with President about various issues, aiming to give credit where credit is due, “ …when I see a president doing positive things, particularly for African Americans. ” When asked if a particular 2020 presidential candidate had clenched his vote, Johnson clarified, “ I don’t think it’s fundamentally in the best interests of African Americans to be locked up in one party. ”

Dec 12, 2019