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Under new ownership, ‘Ebony’ magazine bets on boosting Black business : NPR

Ebony Magazine
Ebony Magazine

Ebony journal has proven the glamour and grit of Black life since Nov. 1, 1945, when Black entrepreneur John Johnson printed the primary challenge. He supposed it to be a Black model of Henry Luce’s Life journal.

Ebony‘s tales and shiny pictures of Black politicians, athletes, protesters, artists, fashions and faculty college students have fed the souls of Black folks for generations.

However lately the journal confronted the identical challenges as many different conventional print publications. Now, because it turns 76, the publication is rebooting and hoping for a revival with a brand new strategy.

John Johnson’s firm, Johnson Publishing, offered Ebony and its sister journal Jet to a private equity firm in 2016.

Ebony stopped printing its journal in 2019 and Johnson Publishing filed for bankruptcy the identical yr.

The magazines modified arms once more final yr, with Milwaukee Bucks alum and Black businessman Ulysses Bridgeman shopping for Ebony and Jet for $14 million in December. It formally relaunched in March.

Classes from the historic Black press

Ebony is embracing a purely digital format to succeed in audiences. However now many media platforms are making tales about Black folks. Clint Wilson taught journalism at Howard College and remembers an identical second throughout the civil rights period.

Ebony Magazine
Ebony Magazine

“The white press, not simply the written press, however tv information exhibits. At the moment you had NBC, ABC, CBS — they had been all masking the tales of civil rights,” he says. “We simply misplaced management of our personal information.”

Most of the weekly newspapers that fashioned the Black press throughout that point have survived. Wilson estimates round 200 stay immediately.

Buried within the historical past of the Black press are doable clues for the right way to compete in immediately’s media atmosphere.

Ebony Magazine

“If we return to the founding of the Black press, there was a starvation, a thirst to unify as a group,” Wilson says.

The primary Black newspaper, referred to as Freedom’s Journal, was based in 1827. Then got here many extra, together with the Pittsburgh Courier, The Chicago Defender, Frederick Douglass’ The North Star, and Charlotta Bass’ The California Eagle.

“When the film Delivery of a Nation was being filmed … [Bass] was the one which alerted different Black publications across the nation that this movie was being made and the way degrading it was,” Wilson says, with Bass forcing the director to chop some scenes.

Ebony pivots to monetary literacy and constructing Black wealth

Ebony is evoking that spirit of organizing round points equivalent to abolition, voting rights and opposing racist housing and labor practices with its new focus: “Transfer Black Ahead.”

Ebony Magazine
Ebony Magazine

Michelle Ghee turned Ebony‘s CEO in January. She says the publication is pivoting towards selling Black “generational wealth.” Ebony is not abandoning celeb and leisure, however is doubling down on content material that builds monetary literacy and wealth and promotes enterprise possession.

“African People should not getting compensated, they don’t seem to be getting honored, they don’t seem to be getting employed on the price at which they’re contributing to the American cloth,” Ghee says.

“We now have to start to coach, but additionally give folks instruments in order that they will too start to construct their companies. I am flying from place to position actually assembly small enterprise house owners asking: How can we enable you to, how can we help?”

As a part of the brand new mission, Ebony has placed on “block occasion” occasions in Atlanta, New York Metropolis and New Orleans designed to focus on and empower small Black companies.

Andre Perry of the Brookings Establishment, who has studied Black companies and wealth, says the brand new focus will increase efforts towards financial parity and mobility and assist to reshape racist perceptions.

Ebony Magazine
Ebony Magazine

“Our elders used to say: Our ice is simply as chilly [as that of white people]. They knew that our companies, our items are simply nearly as good. And so if we are able to take away these unfavourable stereotypes, we are able to actually eat on the wealth divide that at present exists,” he says.

Ebony is playing that its new strategy will make a distinction and repay for the journal.

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