Broadcasting a different hue

$175 million minority investment fund aimed at adding diversity

have influence through continued dialogue. We’re hoping [Chase] will be open to changes. Maybe that would alleviate some of our concerns.”

Other be 100s CEOs are taking a wait-and-see approach to the fund. “I’ve known many good-seeming efforts that have been announced, yet they never seem to come to fruition,” says Percy Sutton of Inner City Broadcasting (No. 75 on the be industrial/service 100 list). “We must wait to see.”

To become a fund partner or to apply, log on to www.nab.org or contact Reg Hollinger at CCP at 212-270-8192 or Clarence Zachery at 212-270-1262, or write to: The National Broadcasting Fund, c/o Chase Manhattan Bank, 270 Park Ave., 37th Floor, New York, NY 10017. To contact NABOB, write to: NABOB, 1155 Connecticut Ave., NW., 6th Floor, Washington, D.C. 20036, e-mail NABOB at nabob@abs.net or call 202-463-8970. For the NAB, go to www.nab.org.

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