Ebony, Jet Magazines Sold

The deal closed in May.

EbonyJuneJuly2016CoverThere are certain beats that are owned by certain reporters. In the case of Johnson Publishing, the journalist usually breaking the news is Chicago Tribune media reporter Robert Channick.

At the beginning of 2015, Channick revealed that Johnson Publishing had decided to sell Ebony magazine’s extensive photo archives. Tonight, he is scooping a much bigger deal. Ebony and Jet magazines, the latter now digital only, were sold last month along with some debt to Clear View Group, an Austin, Texas-based firm:

The new publishing entity, Ebony Media Operations, will maintain the magazine’s Chicago headquarters and its New York editorial office, as well as much of the current staff, according to Michael Gibson, co-founder and chairman of African-American-owned Clear View Group.

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