Group Black will exclusively work with NBCUniversal to scale and sell ads within Black-led content including Black-led comedies, cinema and dramas.
Group Black, a media company in Miami run by Black executives, has expressed interest in a bid with CVC Capital Partners, a private-equity firm based in Luxembourg with more than $100 billion under management. To round out its bid, Group Black, led by Travis Montaque, the chief executive, has begun reaching out to prominent Black businesspeople and artists to team up. This follows news that Tyler Perry and Byron Allen have expressed interest in buying the Paramount network.
