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Magic Johnson Expands Media Holdings

Magic Johnson is turning into quite the media mogul. Nearly a year after purchasing Vibe Holdings and becoming its chairman, Johnson has teamed with Ron Burkle to acquire BlackBook Media. The move puts Johnson at the head of Vibe, Uptown and Blackbook magazines.

The lynchpin of the deal, however, was the inclusion of Blackbook’s “Access Network” content management and distribution technology platform. As the New York Post notes, Access Network technology is in use at over 100 media outlets–including Maxim Guides, MTV’s “Jersey Shore” Guides and Bravo!’s Top Chef Guide.

Says Magic, via release: “The technology we acquired as part of the Access Network will serve as a very important piece to enable us to reach consumers.”

Mediabistro Event

“Vine: Create Quick Social Video to Market Your Brand” Webcast is Today at 4 pm ET

Bring your Twitter efforts and information to life with this popular video app. Find out how in our Vine webcast taking place today, June 19, from 4-5 pm ET. Gemma Craven (left), EVP, New York group director of Social@Ogilvy, will discuss how her team has created interactive videos for brands to get their message heard. Register soon.