The Root is officially Black-owned. CNN commentator and former Obama-Biden White House Administration official, Ashley Allison acquired the digital media outlet through her company, Watering Hole ...
Root’s Q2 2025 net income hit $22 million, with a 59.6% gross accident period loss ratio outperforming major peers. Gross earned premium rose 21% YoY to $371 million, while net premiums earned jumped ...
Only 4% of all media in the United States is owned by Black individuals, according to a report. Ashley Allison didn’t expect that the news of her company, Watering Hole Media, acquiring The Root would ...
A-list stars, great music and Black excellence perfectly describe this year’s The Root 100 celebration. The event took place at the legendary Gotham Hall in New York City, and between the special ...