NEWS
Breaking News: Sean P Diddy regret his action as he celebrate his 50th years old in prison…see more
Rapper and business mogul Sean “Diddy” Combs is calling out General Motors and corporate America at large in an open letter.
“The same feet these companies use to stand with us in solidarity are the same feet they use to stand on our necks,” Combs said.
Combs highlights his own digital cable television network, Revolt, as an example of the racial disparities between big corporations and how they invest in Black-owned companies.
Combs said though Revolt receives advertising revenue from GM, the relationship “is not an example of success.”
“REVOLT, just like other Black-owned media companies, fights for crumbs while GM makes billions of dollars every year from the Black community,” Combs said.
In his letter, Combs claims GM spent $3 billion on adverting and estimates only $10 million was invested into Black-owned media companies, less than 1% of its ad budget.