HoneyMag.com Parent Company Reports $6.7M Net Loss
Sahara Media Holdings, Inc., parent company of HoneyMag.com and the social network HiveSpot.com released their annual report Friday, reporting a net loss of over $6.7 million. The company, which has been focused on building upon the iconic Honey Magazine Brand, has wasted little time spending away the over $10 Million it raised in in 2008. [...]
Read MoreHoneyMag Gets a Clear Focus in it’s Latest Redesign
Just about all the leading websites for African-American women have redesigned lately. Surely you remember the hoopla that surrounded Essence magazine’s redesign and the layoff of a large portion of their digital staff nearly a week later. Clutch Magazine also redesigned about a week after Essence improving several content items and adding a new twist to it’s signature clean design direction. Not to be out done Honey launched this morning with a new look and a much better understanding of not only their audience (sweet spot of multi-cultural 22 year old’s) but also a better understanding of what it takes to be a contender online.
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