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*A unit of JPMorgan Chase is becoming a partner in Chicago-based Johnson Publishing Co., publisher of Ebony and Jet magazines, reports the Associated Press. It is the first time in the company’s 69-year history that it will not be fully family-owned. Chairman Linda Johnson Rice did not disclose the terms of the investment, but said [...]
*If you’re not familiar with Desiree Rogers, she was the White House Social Secretary for the Obama’s who caught hell after the two party crashers got into the President’s first state dinner without being invited. She resigned from her post last year and now has stepped back on the scene to accept a position with the [...]
*It looks like the likelihood of Earvin Magic Johnson buying Johnson Publishing is no longer in the offing. In a statement, Johnson admitted an affiliate of his company held “advanced discussions” to buy Johnson Publishing Co., the owner of Ebony and Jet, but was unable to reach an agreement. Johnson says he remains interested in [...]
*According to published reports, Magic Johnson is in talks to purchase Johnson Publishing Co., owner of Ebony and Jet, magazines. “There have been discussions,” Eric Holoman, president of Los Angeles-based Magic Johnson Enterprises, said yesterday in an interview. “There’s no definitive agreement.” He declined to comment further. Johnson, 50, would fold the publisher into Magic [...]
*Expensive furs and designer coats wrapped around their svelte bodies keeping them warm as they walked up the grand steps leading into the beauteous Metropolitan Museum of Art on Fifth Avenue and 82nd Street to attend a special tribute to Eunice W. Johnson who had succumbed to renal failure Sunday, January 3, 2010 at her [...]
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