Real Times Inc.

Real Times Media LLC is the owner and publisher of the ''Chicago Defender'', the largest and most influential African American weekly newspaper, as well as five other regional weeklies in the eastern and Midwestern United States. Its headquarters are in Midtown Detroit.

The company was founded in January 2003 by a consortium of Chicago and Detroit business leaders to take over the assets of Sengstacke Enterprises Inc., the longtime owner of five of the papers.

History

Sengstacke Enterprises

Robert Sengstacke Abbott founded the ''Chicago Defender'' in 1905, billing it the "World's Greatest Weekly". The ''Defender'' served the growing African-American community of Chicago, which was often ignored by the mainstream newspapers of the day. Sengstacke also used the ''Defender'' as a means to grow the community, writing stories about Northern city life that enticed African-American residents of the Southern United States to move to Chicago, a phenomenon that came to be known as the Great Migration. Like other giants of the contemporary black press, the ''Defender'' enjoyed substantial circulation across the nation.

Abbott's nephew John H. Sengstacke, who became publisher in 1940, was a founder of the National Negro Publishers Association, later renamed the National Newspaper Publishers Association (NNPA), which now has 200 member black newspapers.

On February 6, 1956, the ''Defender'' became a daily newspaper and changed its name to the ''Chicago Daily Defender'', the nation's second black daily newspaper (after the ''Atlanta Daily World'', founded in 1928). It published as a daily until 2003, when new owners converted the ''Defender'' back to a weekly.

Sengstacke also built his newspaper into a chain. He had previously established the ''Michigan Chronicle'' in Detroit in 1936, and turned the Chicago paper's Memphis bureau into the ''Tri-State Defender'' weekly newspaper in 1951. In 1965, he purchased the assets of the recently defunct ''Pittsburgh Courier'' and started the ''New Pittsburgh Courier''

This chain became known as Sengstacke Enterprises Inc., or SEI. Following Sengstacke's death in 1997, SEI was held in a family trust until 2003, when it was sold for nearly $12 million to Real Times, a group of investors with several business and family ties to Sengstacke.

Real Times

Amid the uncertainty over the SEI papers' futures—Sengstacke had left instructions that the papers were to be sold upon his death, but the search for the right buyer took six years—longtime ''Michigan Chronicle'' publisher Sam Logan left the paper in 2000 and in May of that year formed a competing weekly, ''The Michigan FrontPage''. Logan was one of the investors in Real Times, and the company continued to publish ''FrontPage'' alongside the four Sengstacke titles.

In 2012, the ''Atlanta Daily World'' – which, despite its name, is now published weekly – merged with Real Times; its publisher said the sale would give the ''World'' more multimedia resources, calling it "truly a new beginning for the paper."

In June 2024, influential Real Times Media co-owner William Pickard died.

Corporate affairs

The company has its headquarters in Midtown Detroit. At one time its headquarters were in the Globe Tobacco Building in Downtown Detroit, and later the Buhl Building in Downtown Detroit.

Holdings

Real Times publishes seven newspapers in five different markets:

* ''Atlanta Daily World''
website
of Atlanta, Georgia
* ''Chicago Defender''
website
of Chicago, Illinois
* ''Michigan Chronicle''
website
of Detroit, Michigan
* ''The Michigan FrontPage'' of Detroit, Michigan
* ''New Pittsburgh Courier''
website
of Pittsburgh, Pennsylvania
* '' Atlanta Tribune: The Magazine/ATM''
website
of Atlanta, Georgia

The company also owns RTM Digital Studios, a videography company, and a large archive of newspaper clippings, artifacts and photographs connected with African-American history.

In 2009, Real Times purchased Who's Who Publishing Company of Columbus, Ohio, which publishes biographical and networking guides for and about African American businesspeople in 25 cities across the country.

See also

* History of the African-Americans in Metro Detroit

References

External links

Company Website

{{Authority control

African-American press
Companies based in Detroit
Publishing companies established in 2003
Newspaper companies of the United States
2003 establishments in Michigan
American companies established in 2003