Dame Dash Commits $1 Million Investment in Mommy Lounge Network, Empowering Black Women in Media

By: PM Events Worlwide Services
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America Nu Network
America Nu Network
ATLANTA - Jan. 22, 2024 - PRLog -- Dame Dash's cutting-edge streaming media platform, America Nu Network, has officially entered into a strategic distribution deal with Mommy Lounge Network, an all-black female-operated network committed to combating the exploitation of black women in the labor force by addressing issues of unfair and inequitable compensation.

Mommy Lounge Network is dedicated to providing a lucrative platform where black women can creatively confront social, political, and economic constructs that deny them basic humanity. The network's mission is realized through the provision of jobs, education, and international networking opportunities for the most historically marginalized group in America. Katoria Chanyasubkit, Chairwoman, and founder leads the charge.

Statistics Reflecting Challenges Faced by Black Women:

The initiative is timely, considering the significant challenges black women face in the workforce. According to Census Bureau statistics, black women represent 71% of the labor force among black people. However, 29% of black women live below the poverty line, compared to 14% of women overall. Only 26% of black women earned $50,000 or more in 2018, in contrast to 48% of all women. Additionally, 35% of black women have at least an associate's degree, compared to 42% of all women.

In the face of challenges experienced by black women in industries like Hollywood, as exemplified by figures like Taraji P Henson, Mommy Lounge Network aims to make a significant impact. The investment from Dame Dash will contribute to opening doors for creatives, entrepreneurs, and business-savvy individuals within the network.

About America Nu Network:

America Nu Network is a culturally immersive, all-media platform offering exclusively curated films, TV series, music, documentaries, and more. It provides an engaging and supportive community where users can discover inspiring and resonating content. Both free and premium subscriptions are available. Visit http://americanunetwork.com to download the app.

About Mommy Lounge Network:

Mommy Lounge Network is an all-black female-operated network committed to diminishing the exploitation of black women's labor. It provides a platform for black women to confront societal challenges creatively. For more information, visit mommyloungenetwork.com and follow on Instagram @mommyloungenetwork.

About America Nu Network

America Nu Network is a leading streaming media platform offering a culturally immersive experience with curated content across various genres.

About Mommy Lounge Network

Mommy Lounge Network is an empowering network dedicated to addressing the challenges faced by black women in the labor force, providing opportunities for growth and creative expression

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PM Events Worldwide Services
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Source:PM Events Worlwide Services
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Industry:Advertising, Film, Media
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Page Updated Last on: Jan 22, 2024

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