Indiana minority biz magazine sold

Indiana Minority Business Magazine, a four-year-old publication founded by a local businessman, has been sold to the Indianapolis Recorder newspaper, one of the oldest black newspapers in the country, according to a release, for an undisclosed price.

The Recorder says it plans to use the magazine to raise awareness in the minority community about diverse areas of business. Although the newspaper tackles issues in the black community, the magazine writes about issues and topics for all minorities, such as women and the growing Hispanic population.

“We’re becoming a much more culturally diverse population. With the magazine, many of the business issues we are seeing are ones all small and minority businesses are seeing. It’s not just one race,” said Carolene Mays, publisher and president of the Recorder, in the release.Â

Additional staff, including magazine founder Rickie Clark, will be brought on board. While the publication will maintain its current name, the editorial content, look, and design will be slightly enhanced. “We’ve been working extremely hard to produce a product that covers different aspects of business, but will also be an interesting read for individuals outside of the industry,� explained Recorder vice president and editor Shannon Williams in the release.

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