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<title>Johnson Publishing - FishbowlNY</title>
<link>http://www.mediabistro.com/fishbowlny</link>
<description>Turning the Page For New York Media</description>
<copyright>Copyright 2013</copyright>
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<title>J.P. Morgan Chase Buys &#8216;Substantial&#8217; Stake in Ebony, Jet Publisher</title>
<description><![CDATA[<p><img class="alignright size-full wp-image-38922" title="Screen shot 2011-07-07 at 9.20.23 AM" src="http://www.mediabistro.com/fishbowlny/files/2011/07/Screen-shot-2011-07-07-at-9.20.23-AM.png" alt="" width="185" height="104" />J.P. Morgan Chase has purchased a large stake in Johnson Publishing, the company that published Ebony and Jet. Johnson Publishing&#8217;s CEO Desiree Rogers wouldn&#8217;t comment on how much Chase has invested; only describing it as &#8220;substantial.&#8221;</p>
<p>Rogers <a href="http://www.chicagobusiness.com/article/20110706/NEWS06/110709954/johnson-publishing-gets-investment-from-jpmorgan-no-management">told Crain&#8217;s</a> that Chase supports Johnson Publishing&#8217;s mission, which includes growing digitally (through partnerships with more vendors) and increasing marketing for <em>Ebony</em> and <em>Jet</em>.</p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Chris O'Shea</dc:creator>
<comments>http://www.mediabistro.com/fishbowlny/j-p-morgan-chase-buys-substantial-stake-in-ebony-jet-publisher_b38921#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowlny/j-p-morgan-chase-buys-substantial-stake-in-ebony-jet-publisher_b38921</link>
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		<category><![CDATA[News]]></category>
		<category><![CDATA[Ebony]]></category>
		<category><![CDATA[Jet]]></category>
		<category><![CDATA[Johnson Publishing]]></category>
<pubDate>Thu, 07 Jul 2011 13:01:44 +0000</pubDate>
</item>
<item>
<title>Is Ebony For Sale?</title>
<description><![CDATA[<p><img alt="ebony.jpg" src="/fishbowlny/files/original/ebony.jpg" width="200" height="237" class="alignright" hspace="7" vspace="3/" />Is <strong><a href="http://www.mediabistro.com/Johnson-Publishing-profile.html">Johnson Publishing</a></strong>, the owner of <i><strong><a href="http://www.mediabistro.com/Ebony-profile.html">Ebony</a></strong></i> shopping around its flagship publication?</p>
<p>That&#8217;s the news coming out of <i><strong><a href="http://www.mediabistro.com/Newsweek-profile.html">Newsweek</a></strong></i> today. Citing &#8220;media and investments executives familiar with the developments,&#8221; <strong><a href="http://www.mediabistro.com/Johnnie-L-Roberts-profile.html">Johnnie L. Roberts</a></strong> <a href="http://www.newsweek.com/id/216176">reports that</a> <strong><a href="http://www.mediabistro.com/Linda-Johnson-Rice-profile.html">Linda Johnson Rice</a></strong>, chairman and CEO of Johnson Publishing  and daughter of its founder <strong><a href="http://www.mediabistro.com/John-H-Johnson-profile.html">John H. Johnson</a></strong>, has reached out to <strong><a href="http://www.mediabistro.com/Time-Inc-profile.html">Time Inc.</a></strong>, <strong><a href="http://www.mediabistro.com/Viacom-profile.html">Viacom</a></strong> and private investors like buyout firms to see if she could find a buyer or financial partner for the title.</p>
<p>Like so many magazines in today&#8217;s economic climate, <i>Ebony</i> has been struggling in the past year. Although the title was among those <a href="http://www.mediabistro.com/fishbowlny/magazines/abc_report_shows_singlecopy_sales_continuing_to_drop_129835.asp">that saw the biggest newsstand growth</a> during the first half of the year, according to the Audit Bureau of Circulation&#8217;s recent numbers, Roberts reports that <i>Ebony</i> has seen some pretty grim advertising numbers in recent years:</p>
<blockquote><p>&#8220;<i>Ebony</i>&#8216;s advertising pages and ad revenues have declined in each of the last three years, even during periods when the industry was flat to positive. Among the 243 magazines tracked by the Publishers Information Bureau, ad pages plunged an average of 28 percent, with revenues falling by 21 percent, in the first half of 2009 compared with the same period a year earlier. But <i>Ebony</i>&#8216;s decline was sharper, as advertising dived almost 35 percent, dragging revenues down almost 32 percent, to $18.8 million from 2008&#8242;s $27.7 million&#8230;And according to industry tracker Media Industry Newsletter, things have only turned grimmer for <i>Ebony</i> since the first half. Total ad pages sank by 40 percent this year through the October issue, now on newsstands.&#8221;
</p></blockquote>
<p>And earlier this month, <i>Ebony</i> <a href="http://www.minonline.com/news/12090.html">cancelled its Fashion Fair</a> event for fall 2009, citing economic challenges.</p>
<p>Still, despite all of <i>Ebony</i> challenges, executives have denied that they&#8217;re in talks to sell the magazine, Roberts said. <a href="http://www.mediabistro.com/fishbowlny/magazines/businessweek_on_the_block_121381.asp">These sorts of things</a> have a way of shaking out and revealing themselves over time, so we&#8217;ll keep you posted.</p>
<p><a href="http://www.newsweek.com/id/216176">Ebony: Up For Sale?</a> &#8211;<i>Newsweek</i></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Amanda Ernst</dc:creator>
<comments>http://www.mediabistro.com/fishbowlny/is-ebony-for-sale_b12618#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowlny/is-ebony-for-sale_b12618</link>
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		<category><![CDATA[Magazines]]></category>
		<category><![CDATA[Ebony]]></category>
		<category><![CDATA[Jet]]></category>
		<category><![CDATA[John H. Johnson]]></category>
		<category><![CDATA[Johnnie L. Roberts]]></category>
		<category><![CDATA[Johnson Publishing]]></category>
		<category><![CDATA[Linda Johnson Rice]]></category>
		<category><![CDATA[Newsweek]]></category>
		<category><![CDATA[Time Inc.:]]></category>
		<category><![CDATA[Viacom]]></category>
<pubDate>Mon, 28 Sep 2009 15:00:00 +0000</pubDate>
</item>
<item>
<title>Promotions at Ebony</title>
<description><![CDATA[<p><img alt="ebony51.jpg" src="/fishbowlny/files/original/ebony51.jpg" width="100" height="129" vspace="3" hspace="7" class="alignleft" /></p>
<p>As the magazine world <a href="http://www.mediabistro.com/fishbowlny/magazines/newspapers_bloat_behind_portfolios_demise_115173.asp">continues</a> to <a href="http://www.mediabistro.com/fishbowlny/magazines/portfolio_postmortem_business_mag_missed_the_membership_mark_115081.asp">ponder</a> the closing of <i><strong><a href="http://www.mediabistro.com/Portfolio-profile.html">Portfolio</a></strong></i> earlier this week, <i><strong><a href="http://www.mediabistro.com/Ebony-profile.html">Ebony</a></strong></i> is handing out a few promotions.<br />
<strong><a href="http://www.mediabistro.com/Johnson-Publishing-profile.html"><br />
Johnson Publishing</a></strong> announced today that <strong><a href="http://www.mediabistro.com/Terry-Glover-profile.html">Terry Glover</a></strong> has been named managing editor of the glossy. Glover most recently served as <strong><a href="http://www.mediabistro.com/EbonyJetcom-profile.html">EbonyJet.com</a></strong>&#8216;s senior online editor and has also completed tours of duty at <i><strong><a href="http://www.mediabistro.com/Savoy-profile.html">Savoy</a></strong></i>, <i><strong><a href="http://www.mediabistro.com/Uptown-profile.html">Uptown</a></strong></i> and <strong><a href="http://www.mediabistro.com/Playboycom-profile.html">Playboy.com</a></strong>.</p>
<p>Promotions also came to new senior editor <strong><a href="http://www.mediabistro.com/Adrienne-Samuels-Gibbs-profile.html">Adrienne Samuels Gibbs</a></strong> and to new senior writer <strong><a href="http://www.mediabistro.com/Margena-A-Christian-profile.html">Margena A. Christian</a></strong>.</p>
<p>The release, after the jump.</p>
<p> <a href="http://www.mediabistro.com/fishbowlny/promotions-at-ebony_b11662#more-11662" class="more-link">continued&#8230;</a></p>
<p>New Career Opportunities Daily: The <a href="http://www.mediabistro.com/joblistings/?c=rss">best jobs in media</a>. </p>]]></description>
<dc:creator>Megan</dc:creator>
<comments>http://www.mediabistro.com/fishbowlny/promotions-at-ebony_b11662#disqus_thread</comments>
<link>http://www.mediabistro.com/fishbowlny/promotions-at-ebony_b11662</link>
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		<category><![CDATA[Magazines]]></category>
		<category><![CDATA[Adrienne Samuels Gibbs]]></category>
		<category><![CDATA[Ebony]]></category>
		<category><![CDATA[EbonyJet.com]]></category>
		<category><![CDATA[Johnson Publishing]]></category>
		<category><![CDATA[Margena A. Christian]]></category>
		<category><![CDATA[Megan Stride]]></category>
		<category><![CDATA[Playboy.com]]></category>
		<category><![CDATA[Portfolio]]></category>
		<category><![CDATA[Savoy]]></category>
		<category><![CDATA[Terry Glover]]></category>
		<category><![CDATA[Uptown]]></category>
<pubDate>Fri, 01 May 2009 16:29:31 +0000</pubDate>
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