Blavity Inc. Expands Experiential Offerings with Acquisition of RNB House Party

LOS ANGELES, September 5, 2023 (VSNewsNetwork.com) - Blavity Media Group, a division of Blavity Inc. dedicated to serving Black and multicultural communities, has acquired RNB House Party, a Black-owned family business known for producing traveling day party events across the United States. The acquisition will operate under the new brand name "Blavity House Party" and signifies Blavity Inc.'s ongoing commitment to expand its experiential business and offer unique sponsorship opportunities. Charles Kuykendoll, founder of RNB House Party, will join Blavity Inc. as General Manager of Community.

Mike Hadgis, Chief Revenue Officer at Blavity Inc., expressed enthusiasm for the acquisition, stating, "This acquisition expands our experiential portfolio and aligns with our dedication to fostering authentic connections within the community." Morgan DeBaun, Founder and CEO at Blavity Inc., added, "The acquisition of RNB House Party marks a pivotal step in our journey to provide impactful experiences and leverage the scale of our reach to bring our audience together in person." With the U.S. music festival market expected to grow at a compound annual growth rate of 10.4% from 2020 to 2027, this acquisition places Blavity Inc. in a strong position to capitalize on this trend, including hosting its first music festival in 2024.

For more information, visit blavitymedia.com.

Source: Blavity Inc. via Newswire