‘Essence magazine’ sold: Returns to all-Black ownership, female leadership

Since 1970 Essence has been the premiere fashion and culture magazine for women of color. Its branding was so popular that Time Inc., purchased the magazine and for the past 12 years, a publication dedicated to Black women was in White hands. All of that changed this week after it was announced that the company has […]

Time Inc. wants to sell off stake in ‘Essence’ magazine

Time Inc., the company that owns Time magazine and other high-profile properties, wants to sell off its majority stake in the African American woman lifestyle magazine Essence. This is the first move for the company since it announced back in April that it would not be selling the entire company despite the fact that it […]