Johnson Publishing Sells Ebony And Jet To Private Equity Firm After Its Legacy Of Producing Magazines For 71 Years
|Johnson Publishing Sells Ebony And Jet To Private Equity |
Firm After Its Legacy Of Producing Magazines For 71 Years
|Chairman Of Johnson Publishing Linda Johnson Rice|
The magazines were sold to Clear View Group, a private equity firm in Texas that has been described as African-American-owned.
Johnson Publishing will retain its ownership of Fashion Fair cosmetics and the company's extensive photo archives.
|John H. Johnson|
His depiction of African-American notables living elegant lives set a new standard for coverage of black Americans.
So too did his decision to publish photos of the open casket of the Chicago teenager Emmett Till, who was kidnapped and tortured by white racists in Mississippi in 1955.