Johnson Publishing Sells Ebony and Jet

By Jasmine Mitchell

Could it be the end of an era?

Johnson Publishing Company has announced the sale of Ebony Magazine, Ebony.com and Jet.com to a private equity firm called Clear View Group in Austin, Texas for an undisclosed amount. But Jet is already assuring its readers that despite the management shift, it won't be moving down south. 

The deal was made in effort to reduce Johnson Publishing Company's debt. In the last few years, Johnson has struggled to transition their content from print to digital platforms, but they are not alone.  

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Source: NBC News