Johnson Publishing Sells Ebony, Jet to Private Equity

After 71 years, Ebony magazine is changing hands.   Johnson Publishing, the Chicago-based family company that launched Ebony and digest-sized sister magazine Jet in 1945 and 1951, respectively, has sold both titles to Austin-based private equity firm Clear View Group.

First reported by the Chicago Tribune’s Robert Channick, the deal was apparently completed last month for an undisclosed sum and the assumption of some debt.

For the full story read Min

Related Post