Top Ten Videos to watch

HISTORY Brings 'Roots' Cast And Crew To The White House For Screening
Graduates tossing caps into the air
Freddie Gray Baltimore Protests
Mid section of man in graduation gown holding diploma
Legendary Baseball Player Tony Gwynn's Family Files A Lawsuit Against Big Tobacco
ME.jailhouse#2.0117.CW Montebello City Council has approved use of a private contractor to run the n
Chicago Mayor Rahm Emanuel Addresses Police Misconduct At Chicago City Council Meeting
WWII Soldiers Standing In A Flag Draped Sunset - SIlhouette
Students Taking a College Exam
Bill Cosby Preliminary Hearing
Hillary Clinton Campaigns In Louisville, Kentucky
Worried black businesswoman at desk
Tyler Perry And Soledad O'Brien Host Gala Honoring Bishop T.D. Jakes' 35 Years Of Ministry
Teacher with group of preschoolers sitting at table
FBI Officials Discuss Apprehension Of Explosions Suspect After Three-Day Manhunt
NFC Championship - San Francisco 49ers v Atlanta Falcons
US-POLITICS-OBAMA
Protests Erupt In Chicago After Video Of Police Shooting Of Teen Is Released
24673281
US-VOTE-DEMOCRAT-SANDERS
Nine Dead After Church Shooting In Charleston
Portrait of senior African woman holding money
Medicare
President Bush Speals At Federalist Society's Gala
Police
Police Line Tape
Senior Woman's Hands
Police officers running
New Orleans Residents Return to Housing Projects
David Banner
Leave a comment

whitney-ebony

From Black America Web:

Is Ebony magazine for sale? And is the legendary black-owned publication on the verge of being purchased by a white media company?

Business insiders say that Ebony, the 64-year-old black-oriented magazine founded by John H. Johnson in 1945, may be looking for a buyer – and soon.

RELATED: Report: Ebony Magazine Up For Sale

“Now it appears Johnson Publishing’s chairman and CEO, Linda Johnson Rice, has reached what must have been an agonizing decision: Johnson Publishing is seeking a buyer or investor for its flagship publication, Ebony, in an effort aimed at securing the survival of the nation’s oldest magazine devoted to African-American life,” Newsweek reported in last week’s edition.

Newsweek said that Rice has contacted Time Inc. and Viacom about a possible purchase of Ebony or a partnership. Time Inc. bought Essence magazine – a publication for black women – in 2000. Viacom purchased BET in 2000.

A source familiar with Ebony’s financial difficulties confirmed for BlackAmericaWeb.com that the magazine is being shopped to several potential buyers.

Executives with Ebony said the magazine is considering a myriad of possibilities.

RELATED: Vibe Magazine To Resume Publication

“As we’ve indicated previously, we are exploring a range of options to support our core media business. However, we are not in discussions with Time Inc. and Viacom,” Ebony said in a statement sent to BlackAmericaWeb.com.

Clem Richardson, a columnist with The New York Daily News, said he finds the prospect of Ebony and Jet no longer being black-owned both angering and frightening.

“I get angry because the company’s financial trouble is more testimony to the notion that African-Americans can’t be fiscally viable, despite our numbers, without white support,” Richardson told BlackAmericaWeb.com Tuesday.

“And I get frightened because Ebony has long shown its readers black Americans at our best, and in showing that, helped us through our worse,” he said.

Click here to read more.

Also On News One: