14% of Americans Are Black. 3% of Major Media Ad Spending is Focused on Them.

The Black or African-American population numbered 44.5 million as of July 2012, per recent Census Bureau estimates, translating to roughly 14% of the US population. A new study [download page] from Nielsen finds that despite African-Americans being the largest racial minority in the US (Hispanics are an ethnic minority), advertisers allocated just 3% of the $75 billion they spent last year on TV, magazines, the internet and radio to media focused on Black audiences. (more…)