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Tag: Mogul

Media Mogul Byron Allen Sues McDonald’s, Says The Franchise Doesn’t Advertise With Black-Owned Outlets

Media Mogul Byron Allen Sues McDonald’s, Says The Franchise Doesn’t Advertise With Black-Owned Outlets

Media mogul Byron Allen filed a $10 billion lawsuit against McDonald’s Corp on Thursday, alleging the fast-food franchise is discriminating against Black-owned media companies such as his own. According to Bloomberg, Allen said McDonald’s spent less than 1% of its $1.6 billion ad budget with Black-owned media companies in 2019. “This is about economic inclusion of African American-owned businesses in the U.S. […]