who owns american essence magazine

The cookie is used to store the user consent for the cookies in the category "Analytics". The company said that there had not been claims or evidence of sexual harassment or misconduct and that it would review any new instances brought to HR. We can now invest in women of color as consumers.. For more than 50 years, ESSENCE has been a leader in promoting Black-Owned beauty brands. It took me 16 years before I agreed to go into mass retail. Why the FT bought a majority stake in Endpoints News, Vice News Tonight canceled, company announces layoffs, The Messenger hires Scotti as a biz and finance editor, Traditional Art (Paintings and Sculptures from Renaissance to early 1900s), Classical Architecture and Houses of Beauty in America as well as Europe, History of Performative Art (opera, theatre and ballet), All applicants must send a sample of their writing along with their resume. Founder of SheaMoisture, Richelieu Dennis, Acquires Essence - The Root Thoughts have power; thoughts have energy. Co-founded by Ed Lewis and Clarence Smith in 1968, Essence has been one of the lifestyle go-to companies for African-American women. So, these Black women in particular, if they come forward, where will they go? Under the pseudonym Black Female Anonymous, Essence magazine staffers demanded Dennis resignationalong with other leadership changesafter they said women were systematically suppressed by pay inequity, sexual harassment, corporate bullying, intimidation, colorism and classism and the company had been hijacked by cultural and corporate greed and an unhinged abuse of power. The staffers blasted execs for an ironic turn of events: A publication that was meant to empower Black women instead mistreated and abused the women who worked for it. ESSENCE Co-founder Ed Lewis, former editors-in-chief Marcia Ann Gillespie and Susan L. Taylor speak on the evolution of the magazine and brand. On Jan. 17, Brides magazine reported that Tony Award-winning actress Anika Noni Rose -- who famously voiced Tiana in the animated Disney movie "The Princess and the Frog" -- married actor Jason . Essence Communications announced Thursday that it was acquired from Time Inc. by Essence Ventures for an undisclosed sum. I read her letter from the editor and it became my favorite part of the magazine. Were counting on you, Caroline. The magazine focuses on fashion, pop culture, music and black life. Mr. Dennis said that he approached Time Inc. about buying Essence after Time Inc. agreed in November to be sold to the Meredith Corporation, the owner of Better Homes & Gardens and Family Circle, in an all-cash transaction worth about $2.8 billion. Ms. Luu, the head of content, will step back from day-to-day operations during the course of the review, the statement said. With a circulation of over 1 million and some 8.5 million monthly readers, Essence is hardly nicheand it should have been appealing to major publishing corporations. I dont know, but I dont have high hopes of BeautyCon being a more Black space.. - Monica Guza .. non-political, real-life look at goodness, decency, and excellence in the world. Essence Communications will be led by an all-black female executive team. Follow NBCBLK on Facebook, Twitter and Instagram. Got it from H&M for $10 a year ago. Top editors from Refinery29, the New York Times, Bon Apptit and the Philadelphia Inquirer resigned last month in response to journalists calling out their own organizations and now Essence can be added to the list of companies making changes. Shanygne Maurice, creator of beauty product reviews on a YouTube channel called TooMuchMouth, said she had a rather unpleasant experience as a Black creator at the last BeautyCon but actually sees the Essence buyout as an opportunity to make the event more inviting and inclusive for Black influencers and enthusiastsgiven Essences history in the Black community., Im not sure if Id participate in the first one [under Essences ownership], she said. The company owns . Ebanks issued a statement which reads in part, This acquisition of ESSENCE represents the beginning of an exciting transformation of our iconic brand as it evolves to serve the needs and interests of multigenerational Black women around the world in an even more elevated and comprehensive way across print, digital, e-commerce and experiential platforms, In addition, it represents a critical recognition, centering and elevation of the Black women running the business from solely a leadership position to a co-ownership position.. The Epoch Times is looking for writers who are passionate and knowledgeable in the field of classical art. On Thursday (Jan. 4), Essencethe nation's leading African American-focused publicationwas sold by Time Inc. to a . Since 1970, Essence Communications has served as a source of empowerment for black women across its platforms, including its flagship print magazine, television specials, and the annual Essence . African-American company buys Essence Communications from Time Inc. With the sale of Essence magazine to a personal-care products mogul, the publication is once again fully black-owned for the first time since 2000. The executive team will also have an ownership interest in the business. HOME - American Essence Mike Rowe: America's Favorite Apprentice Channaly Philipp Mike Rowe, America's perpetual apprentice, has been giving viewers a front-row seat to our country's dirtiest jobs for nearly 20 years. Essence Magazine Leaves Time Inc. And Is Now Completely - Okayplayer This denim skirt is from the thrift store for $3. Those findings have not changed the views of some. The essay, titled The Truth About Essence, was published on the digital platform Medium under the byline Black Female Anonymous, which has identified itself as a group of former and current Essence employees. Online content may range from $100-250 per article. Its not to say that they shouldnt be able to cater to all types of hair and all types of people, but theres always this desire to cater to whiteness and white features. The Daily Beast attempted to reach out to former and current Essence magazine employees to get their views on Dennis latest business ventures in light of the 2020 controversy. Its target audience is the African-American community, and its coverage includes the lifestyles and accomplishments of influential black people, fashion, beauty, and politics.. Ebony magazine was founded in 1945 by John H. Johnson, for his Johnson Publishing Company.He sought to address African-American issues . This is historical.. Jan 03, 2018. Essence Ventures is founded and chaired by Richelieu Dennis, founder of Sundial Brands which owns Shea Moisture. Everybody aint lying, she said. Today, however, Time Inc. is set to be owned by Midwest magazine publisher Meredith Corporation, which bought the conglomerate late last year in a $2.8 billion take-over, partially funded by the conservative-focused Koch brothers. The magazine, a mainstay of black culture for almost half a century, was bought by Richelieu Dennis, the founder of Sundial Brands, a large personal-care products company, from Time Inc., Essence Ventures announced on Wednesday. Since 1970 Essencehas been the premiere fashion and culture magazine for women of color. The demand for a new America calls for the complete accountability of all Americans, even those of us in Black America and our cultural institutions, the writers said. We are looking for experienced, freelance writers that are passionate and knowledgeable in the field of classical art to cover areas in the following categories: For more information, visit their websites: Radiant Life, American Essence, and The Epoch Times. Continuing in our tradition, we're introducing you to the masterminds behind some of the most popular. We dont want @Essence to fold, the group said. U.S. Magazine Industry - Statistics & Facts | Statista The company announced Tuesday night that it had appointed Caroline Wanga to be interim CEO and that they would launch an independent investigation into the workplace culture. The conversations @richelieudennis and I started a few months ago about his strategic vision for @Essence and the opportunity to be on a team furthering the health/wealth of the global black diaspora, across a portfolio of businesses including @essence, was a win. A win stitched together by a 50-year legacy of black creatives, businesses, and community that I would be honored to be a part of., Ms. Wanga noted that she had learned there are things that need to be better for our team and culture and Im ready to begin that work, adding, Im committed to flourishing while fixing and fastening what needs to work to be in service to our teams, communities and partners. (Time Inc.s golf magazines and entire UK division are also on the market.) I spent 30 years of my life breaking down the racial barriers of beauty, he said. His firm, Sundial Brands, was founded to provide hair- and skin-care products to minority women, and was inspired by traditional shea-butter recipes found in Denniss native Liberia. AMERICAN ESSENCE brings to you stories that remind us of the promise of America. As the Time-Meredith deal closes, Time Inc. has been quietly selling off its more niche titles, including the lifestyle-focused Sunset and now Essence. Forbes reports that he and his cofounder and mother Mary owned 51% of the company and walked away with an estimated $850 million fortune, making them two of the wealthiest Black entrepreneurs in the world. Ivie is a Nigerian-American, native New Yorker, and journalist covering, Essence Ventures LLC, an independent black-owned company today announced its acquisition of Essence Communications Inc., home of, magazine, from Time Inc. on Wednesday. As a classicist, he's at ease with the ancient world but often brings a historian's insightful perspective to current . Starting with the magazine in 1970, it has expanded. Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Pocket (Opens in new window), https://africanessence.files.wordpress.com/2023/01/music-nov-29_solange_whenigethome_dreams_7.mp3, They tried to bury her, but she kept on giving birth . The Henry Ford Museum of American Innovation has one on display, which is ironic because the Ford Motor Company was one of the Big Three that was supposedly . Yet the sale, no matter its community significance, suggests that minority-focused magazines will forever remain along the fringes of major media. We wish you could have been in the room to see the excitement and pride on the Essence Teams' faces as we gave them the good news, according to a statement on the Essence website . Speculation Centers on Value of Successful Festival. 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