DaimlerChrysler Partners with National Association of
Black Owned Broadcasters to Establish New Fellowship to Help Minorities
on the Road to Media Ownership
DaimlerChrysler has announced a new partnership with the National Association of Black Owned Broadcasters (NABOB) to establish the NABOB DaimlerChrysler Management Fellowship Program, making the road to radio and television station ownership a little less rocky for minority broadcasters. The announcement was made during NABOB's 21st Annual Communications Awards Dinner held March 11, 2005 at the Marriott Wardman hotel in Washington, D.C., where DaimlerChrysler presented NABOB with a check for $50,000 to mark a two-year commitment to the program.
Please find attached and below a news release and photo. For more information, please feel free to contact me at (313) 657-7018 or at affiniti9@sbcglobal.net.
Tracy A. Walker
- - - - - - - - - - - - - - - - - - - - - - - - - -
Contact: Angela Spencer Ford, (248) 512-2986
Tracy A. Walker, (313) 657-7018
Linda A. Smith, (301) 265-5386
DaimlerChrysler Partners with National Association of Black Owned Broadcasters to Establish New Fellowship to Help Minorities on the Road to Media Ownership
· Automaker commits $50,000 to establish Fellowship
· Fellowship announced at 21st Annual NABOB Awards Dinner
Washington, D.C. — DaimlerChrysler has announced a new partnership with the National Association of Black Owned Broadcasters (NABOB) to establish the NABOB DaimlerChrysler Management Fellowship Program making the road to radio and television station ownership a little less rocky for minority broadcasters. The announcement was made during NABOB's 21st Annual Communications Awards Dinner held March 11, 2005, at the Marriott Wardman hotel in Washington, D.C.
The Fellowship Program, offered by DaimlerChrysler, is an educational program established to increase the number of minorities in communication industry leadership positions. Specifically, DaimlerChrysler has agreed to sponsor a number of fellowships through NABOB as a resource to help minorities on the track to media ownership.
“We believe this fellowship will establish new opportunities for mid-level managers to receive the knowledge and experience necessary for future ownership,” said Frank Fountain, DaimlerChrysler Senior Vice President - External Affairs and Public Policy (Auburn Hills). “DaimlerChrysler is proud to work with visionary organizations like NABOB that recognize the value in paving the road for future owners.”
Each year, two fellows will go through a rigorous two-year program to learn the laws governing U.S. airwaves, the requirements of financial institutions to obtain funding and understanding the nuances of running a media operation, from managing on-air personalities to hiring engineers and training advertising sales staff.
The first two fellowships are slated to be announced this September at NABOB's Fall Conference. DaimlerChrysler also has agreed to host a “Fellows Retreat” at its corporate headquarters in Auburn Hills, Michigan, where fellows will have an opportunity to meet with corporate representatives and glean from their corporate knowledge.
NABOB is the first and largest trade organization representing the interests of African-American owners of radio and television stations across the country. The association was organized in 1976 by a small group of African-American broadcasters who desired to establish a voice and a viable presence in the industry and to address specific concerns facing African-American broadcasters. NABOB is a non-profit corporation and is governed by a volunteer board of directors elected by its members. Day-to-day operations of the association are carried out at its headquarters in Washington, D.C.
###
Additional information and news from DaimlerChrysler are available on the Internet at: www.media.daimlerchrysler.com
