Johnson Publishing sells Ebony, Jet to private equity group
Longtime African-American publications sold to Texas firm Chicago’s African-American community is mourning yet another loss of an institution. On Tuesday, Johnson Publishing Co. announced it was selling its Ebony and Jet magazines to an Austin, TX.-based private equity firm Clear View Group. Re-christened Ebony Media Operations, the publication will remain headquartered in Chicago but will now be owned by out-of-town […]