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Lately, it seems like a lot of Black celebrities are getting involved in media ownership - actress and TV producer Issa Rae That would be something, right? Not just one show that moves culture, but a network. Well, I am proud to announce the Black Effect podcast network.

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Drop one of Clue's ph bombs for that. I'm here to announce my new cable network, Revolt. I'd first like to say thank you to Comcast and NBC for recognizing the importance of minority ownership in cable television. DEGGANS: She says to understand the importance of Black ownership of media now, we need only look at how Black newspapers and radio stations many years ago humanized and contextualized Black life and Black people.

And that is because Black press held power to account. Black press was where we also got to see that our communities were born and died and, you know, had normal life events just like any other community that were often left off the pages of mainstream or white-dominated outlets.

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And we saw that even in this period, that Black media really talked about topics of importance to Black communities more often, that they humanized subjects more often and that they connected current news events to the historical fight for justice. That's according to a recent FCC report on diversity in media ownership based on data from Even BET, formerly known as Black Entertainment Television, one of the first major cable networks founded and operated by Black people, has not been owned by Black people for over 20 years.

But earlier this year, when owner Paramount Global hinted the company might sell BET, several well-known African American entrepreneurs expressed interest in buying it. Allen has acquired a variety of broadcast and online outlets for the past few years.