Ebony magazine, a publication that has been a staple in the Black community for decades, is cutting their staff by nearly a third and moving its editorial operations to Los Angeles, reports the Chicago Tribune.
Johnson Publishing, the family-owned business that founded Ebony and Jet, sold both publications to Texas-based private equity firm CVG Group in May 2016 for an undisclosed price. Since then, Ebony has struggled to find its footing under the new owners, plagued by everything from delayed subscription deliveries to unpaid freelance writers.
Sunday, May 7, 2017
NEWS: EBONY MAGAZINE LAYOFFS STAFF AND MOVES TO LA
Ebony magazine, a publication that has been a staple in the Black community for decades, is cutting their staff by nearly a third and moving its editorial operations to Los Angeles, reports the Chicago Tribune.
Johnson Publishing, the family-owned business that founded Ebony and Jet, sold both publications to Texas-based private equity firm CVG Group in May 2016 for an undisclosed price. Since then, Ebony has struggled to find its footing under the new owners, plagued by everything from delayed subscription deliveries to unpaid freelance writers.
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