Money Moves

Deals, launches, investments, partnerships, and financial moves that signal where economic power is shifting.

Black-Founded Vurt Is Taking Vertical Video to TV. The Bigger Question Is Who Controls Distribution.

The streaming company is expanding from smartphones to connected TVs while offering independent filmmakers nonexclusive licensing and a reported 50/50…

4 days ago

Beyoncé Funded Cécred Herself. Now the Real Test Is Global Distribution.

Beyoncé financed Cécred herself rather than build around an outside investor’s agenda. As the haircare company enters the UK through…

2 weeks ago

Nigeria’s Ima Gas Field Sat Underground for 53 Years. A Nigerian Company Will Own 60% When It Finally Produces.

An offshore gas field discovered in 1973 is finally moving toward production. With a Nigerian company holding majority ownership and…

3 weeks ago

Royal Caribbean Is Paying $3 Billion for Half of Sandals. The Bigger Story Is Who Owns Caribbean Tourism.

A Caribbean-built hospitality empire is entering a $3 billion partnership with a global cruise giant. The Stewart family retains half…

3 weeks ago

The Florida College Sports Fight Is Really About Media Money and Control

A dispute over conference realignment is holding up a sweeping federal college sports bill. Underneath the politics is a much…

4 weeks ago

Nairobi Won the 2029 World Athletics Championships. Now Comes the Ownership Test.

Africa will host the World Athletics Championships for the first time in 2029. The historic win puts Nairobi on the…

1 month ago

Dangote Refinery IPO Opens. Africans Can Buy Shares—Dangote Keeps Control

Dangote Refinery’s historic IPO gives ordinary investors access to one of Africa’s largest industrial assets. But Aliko Dangote still retains…

1 month ago

U.S. Lends Africell Nearly $100M. Africa Faces a Bigger Ownership Question

The U.S. is financing nearly $100 million for Africell to buy American and allied telecom technology. But shifting suppliers does…

1 month ago

Don Lemon Built the Audience First. Now He Is Taking It to Television.

The Don Lemon Channel turns a familiar television model around: instead of a network supplying the audience to the talent,…

1 month ago

Black Athletes Earn the Capital. Who Influences Where It Gets Invested?

Philadelphia 76ers star Jaylen Brown says people surrounding influential athletes can discourage deeper investment in their communities. His argument raises…

1 month ago

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