Author photo

By Stacy M. Brown
NNPA Correspondent 

General Motors Announces 400 Percent Increase in Ad Spending with Black-Owned Media

 

April 15, 2021

General Motors, a longtime corporate partner of the National Newspaper Publishers Association (NNPA), announced increasing advertising spending in Black-owned media by 400 percent.

According to a news release, the company said it would grow spending from 2 percent to 8 percent of its total budget by 2023.

By that estimate, General Motors' advertising spending would jump from about $45 million to approximately $180 million.

Several Black-owned media officials recently pressed General Motors CEO Mary Barra for a meeting after determining that the company was not doing enough to promote econom...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024