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Posted inArts + Books

Essence is Black-owned once again

Essence magazine is once again 100-percent Black-owned. Essence Ventures LLC, an independent African-American owned company, announced on Wednesday that it has acquired Essence Communications from Time, Inc. Essence President Michelle Ebanks praised the decision, saying, “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 […]