Essence Magazine is 100% Black Owned again.

[TRAP AMERICAN TV]

Tory N. Parrishtory.parrish@newsday.comJanuary 3, 2018 8:10 PM
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A company formed by the founder of Amityville-based haircare and skincare company Sundial Brands is buying Essence magazine from Time Inc.

The move will put the iconic, 48-year-old lifestyle publication, which focuses on African-American women, under 100 percent black ownership for the first time in 13 years.

Last year, Sundial founder Richelieu Dennis formed Essence Ventures LLC, which is buying the magazine as part of a purchase of Essence Communications Inc., which also includes digital platforms and the Essence Music Festival, an annual event that started in 1995 and draws more than 450,000 attendees to New Orleans each summer.

Terms of the deal were not disclosed



Sundial Brands founder to buy Essence magazine

 

[Originalman]

Can't agree on everything the brotha has done......folks can at least give him props on this.


Hell who am I kidding jokers on black twitter will be bytching about this somehow.

 

[CrownHeights]

Free Daps No reps

Lets hope it stays black owned this time around, fingers crossed

 

[King Poetic]

good for them, but i been done with them for years and not looking back

 

[Ol’Otis]

good for them, but i been done with them for years and not looking back

they might as well bush that shyt

not even old black women read Essence or Ebony anymore

 

[King Poetic]

they might as well bush that shyt

not even old black women read Essence or Ebony anymore

exactly... shyt is like the source or xxl magazine right now... nobody cares except for when you having concerts

 

[CrownHeights]

they might as well bush that shyt

not even old black women read Essence or Ebony anymore

Magazines are nothing ads after ads after ads, don't know many people who read let alone buy them.

 

[Ol’Otis]

nobody cares except for when you having concerts

he can for sure eat off the concerts

 

[Self_Born7]

they be black owned, b.u.t not hopefully on some shyt.

 

[Ol’Otis]

Magazines are nothing ads after ads after ads, don't know many people who read let alone buy them.

Exactly! i just get GQ for the cologne ads

 

[Jemmy]

they might as well bush that shyt

not even old black women read Essence or Ebony anymore

I think Ebony and Jet Magazine which has been revamped are still black owned

 

[get these nets]