Tyler Perry has greatly benefitted from the power of the Black dollar.
Jul 18, 2023
Tyler Perry is helping nearby senior citizens with a timely donation.
Feb 15, 2023
Tyler Perry is one step closer to expanding his empire. According to Atlanta Business Chronicle, the media mogul purchased 37 additional acres to be added to his Tyler Perry Studios, which currently sits at 330 acres.
Jan 9, 2023
Over the past few weeks, conversations around antisemitism are continuing to trend — predominately stemming from Kanye West’s comments and behavior. Specifically, West and Shaquille O’Neal had their own encounter online, as previously reported by AfroTech. After the rapper called Shaq out for being in business with Jamie Salter, who is Jewish, the NBA legend had a quick response.
Nov 7, 2022
Tyler Perry is living proof that sometimes all you need is a dream or a vision and a mustard seed of faith to get started. While Perry is now among the group of Black billionaires in the U.S., this was not always his truth. In fact, he once lived in his car while he struggled to make things shake as an aspiring filmmaker in Atlanta, GA. Tyler Perry, who has given the culture the beloved “Madea” character for years throughout his screenplays and eventually in the film space, struggled to make his rental payments in the late 1990s and was once evicted from his apartment. In 2019, he candidly reflected on a new sign that directs drivers to his Tyler Perry Studios. He shared the realization that it was next to the sign that led to the street of that same apartment where he had been given the boot. “My eyes filled with water knowing what God has allowed to happen in my life,” Tyler Perry wrote via Facebook. “Atlanta has truly been the promised land for me. I came here with nothing, lived...
Aug 25, 2022
On Aug. 17, Sony Music Publishing announced to extend Tyler Perry’s worldwide agreement with Tyler Perry Studios (TPS). The Oscar and Emmy award-winner owns the largest production studio in the nation and made history as the first African American man to own a major production studio in 2019. Sony Music Publishing’s Visual + Media division (previously known as Broadcast Media Rights) has worked alongside Tyler Perry Studios and music supervisor Joel C High for the last decade. The extension with Sony guarantees authorized music for over 60 productions, comprising 26 films, 20 plays, 1,5000 series episodes, and future projects, Market Insider previously reported. Tyler Perry stated, “I’m very pleased to continue my creative partnership with Jon, Cathy, and the Sony Music Publishing team. I’m grateful for their support and passion for Tyler Perry Studios, and I look forward to future successes together.” Sony Music Publishing Chairman and CEO Jon Platt shared, “Tyler Perry Studios...
Aug 19, 2021
Tyler Perry just hit billionaire status! Forbes estimates that with his mega-production studio in Georgia, plus his homes, and planes, Perry has earned more than $1.4 billion (pretax) since 2005. A true self-made visionary, the “Madea” franchise creator is responsible for around 1,200 television episodes, 22 feature films and about two dozen stage plays. Perry — who has had a humble start — is an inspiration to many as he went from being homeless to one of this generation’s most successful filmmakers. “I love when people say you come from ‘humble beginnings.’ [It] means you were poor as hell,” Perry said, according to Forbes. “Ownership,” he adds, “changes everything.” A firm believer in lifting others as he continues to climb, Perry constantly finds a way to give back whether it’s through his random acts of kindness or his support of various civil rights causes. The “House of Payne” creator recently made headlines after resuming production at his studios earlier this summer. He’s...
Sep 2, 2020
Technology continues to evolve, even during a pandemic, as we find more ways to utilize it to our advantage. Created to help reduce traffic congestion and provide a more eco-friendly method of transportation for its users, Verve Scooters offers dockless electronic scooters. It’s also the only Black-owned scooter company that targets inner cities to create pathways of success for people outside of suburban areas. “Verve Scooters came to fruition because we saw a need for an effective eco-friendly way of transportation for our community that was also affordable,” CEO Kevin Thompson, co-founder, Tykeem “Tak” Williams, and COO, Naim Statham, said in an interview with Black Enterprise . Not only is Verve Scooters affordable, but its founders also have plans to utilize the success of their business to serve as a gateway for others. “We plan to start an investment group for young minorities and returning citizens to get into the tech industry and become entrepreneurs,” they said. As they...
Aug 24, 2020