For the first time in nearly two decades, Essence Magazine is once again a fully black-owned publication. The 48-year-old multiplatform brand that owns Essence magazine and the annual Festival, was so…
Advertisement
Time Inc. Is Planning To Sell Majority Stake in Essence
After 12 years of seizing control of Essence Communications Partners, Time Inc. is now planning to sell its majority stake in the company by the end of this year, according to the Wall Street Journal.…
Advertisement