|
Entrepreneurship Success Stories
Entrepreneur:
Robert L. Johnson
Company:
BET Holdings, Inc. - Black Entertainment Television
Year Started:
1980
Description
of Business: Black Entertainment Television is a 24-hour
programming service targeting African-American consumers. It
is one of the leading black-owned and operated entertainment
companies in the world.
The Story:
Robert Johnson
was born in Hickory, Mississippi in 1946. He was the ninth of ten
children born to Archie and Edna Johnson. Searching for a better
life, the Johnsons moved to Freeport, Illinois. Robert attended the
University of Illinois where he met his wife Sheila Crump. He
graduated from the university in 1968 and then earned a Master’s
degree in public administration from Princeton University. Robert
then moved to Washington D.C. where he launched his career in
television.
Since
Johnson’s Princeton days, he knew the power of television could
help promote black businesses and culture. With his interest in
broadcasting growing, Johnson landed a job as a lobbyist for the
National Cable Television Association (NCTA). In 1978, he began
developing his innovative plan to produce television programs
targeted to black viewers. To help launch this effort, Tom Wheeler,
president of the NCTA, gave Johnson $15,000 as an initial
investment. Johnson later convinced John Malone, the president of
Tele-Communications, Inc., to invest $500,000 in the project. In
what proved to be a fortunate break, Johnson met with Bob Rosencrans,
the president of UA-Columbia Cablevision, at an NCTA annual
convention. Eager to help make Johnson’s dream a reality,
Rosencrans said he owned slots on a cable TV satellite that Johnson
could use for his new channel. With all of the parts in place to
begin, Johnson named his nascent business venture, Black
Entertainment Television (BET). At 11 p.m., on January 8, 1980, BET
officially aired its maiden program and eventually became the first
and largest black-owned broadcasting company on cable television.
Robert Johnson
has created jobs for hundreds of African Americans who otherwise
might not be employed in television or related industries. Johnson
developed a television network and business venture that would be a
role model for African Americans in America and around the world.
As
it stands, BET’s current slate of variety shows and dramas are
providing more opportunities for black writers, directors, producers
and artists.
BET continues to
expand its corporate reach, and is now involved in publishing,
retail clothing, restaurants, hotels, casinos, financial services
and computer content development. BET also recently launched its own
website.
Over the years,
Johnson and his wife Sheila have given generously to nonprofit
organizations such as the United Negro College Fund, Howard
University, and the Levine School of Music. The Johnsons also hold
many charity events year round to help improve communities across
the country.
Other Stories
Have
a story of your own that you think would help other entrepreneurs?
Submit it to stories@nde-news.org.
|

ABOUT ENTREPRENEURSHIP
Helping Entrepreneurs
Common Terms
Kauffman Ad Corner
Success
Stories
|