J.P. Morgan Chase Buys ‘Substantial’ Stake in Ebony, Jet Publisher

  • SHARES

By Chris O'Shea Comment

J.P. Morgan Chase has purchased a large stake in Johnson Publishing, the company that published Ebony and Jet. Johnson Publishing’s CEO┬áDesiree Rogers wouldn’t comment on how much Chase has invested; only describing it as “substantial.”

Rogers told Crain’s that Chase supports Johnson Publishing’s mission, which includes growing digitally (through partnerships with more vendors) and increasing marketing for Ebony and Jet.

Advertisement
Advertisement