The board of directors at Ebony has removed CEO Willard Jackson, the magazine said Sunday, citing an ongoing independent investigation into "a number of transactions that Jackson led." A co-founder and vice chairman of Clear View Group (CVG), the private equity firm that acquired Ebony from Johnson Publishing in 2016, Jackson had been serving as Ebony's chairman and CEO since 2018. The board's decision, however, was made under newly elected chairman Jacob Walthour, the co-founder and CEO of Blueprint Capital Advisors, which recently became senior lender to Ebony Media Holdings after taking over Parkview Capital Credit, the investment management firm that had financed CVG's 2016 acquisition of the magazine through a series of loans. "We took over Parkview Capital Credit on April 29, and then I immediately went on the board in May," Walthour told Folio: on Monday. "Our first board meeting was when we started asking a lot of questions." Walthour didn't share many specifics on the decisions that precipitated Jackson's removal as CEO, but said there were "a number of transactions, both corporate and personal" that raised concerns. Clear View Group did not immediately respond to a request for comment. "At this stage in the inquiry, we felt like there was enough ‘there’ there to affect a leadership change," Walthour said. "A lack of transparency was part of it. More troubling was a failure to follow the process and protocol of the company. There are certain transactions that... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-07-06 17:59:58 UTC ]
Writers will gather at the Facebook owner’s King’s Cross office in opposition to its use of the LibGen database to train its AI modelsAuthors and other publishing industry professionals will stage a demonstration outside Meta’s London office today in protest of the organisation’s use of... Continue reading at The Guardian
[ The Guardian | 2025-04-03 07:00:26 UTC ]
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Facing publishing industry backlash, Slovakia's government reversed its 23-percent book VAT hike, instead slashing it to 5 percent. The post Slovakia’s Publishers Surprised by a VAT Reduction on Books appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2025-03-11 19:42:53 UTC ]
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Publishers and analysts say popularity of genres like manga and superhero comics is a gateway into readingThe best route to learning to love words in print could well be pictures. This, at least, is the hope of the publishing industry this spring, as it welcomes news that sales of children’s... Continue reading at The Guardian
[ The Guardian | 2025-03-09 14:00:11 UTC ]
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Don’t give in to moral panic, fellas! Here are some tips from my own bumpy literary journeyIf you really want to make a name for yourself, publish comment insisting you’ve been silenced.It happened again last week in a nationwide publication. Under a byline, accompanied by a headshot and the... Continue reading at The Guardian
[ The Guardian | 2025-02-04 14:00:09 UTC ]
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RESPONDING TO THE SECOND TRUMP ADMINISTRATION: Kim Kelly on the how-tos and DOs and DON’Ts of mutual aid • Madeline ffitch on direct action and survival work in the face of fascism • Josh Cook on what the publishing industry can do in the face of authoritarianism. | Lit Hub Politics Matthew... Continue reading at Literrary Hub
[ Literrary Hub | 2025-01-25 11:30:02 UTC ]
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The way our legal system approaches issues of intellectual property must change to meet the novel questions posed by new technology, argues publishing industry analyst Christopher Kenneally. Continue reading at Publishers Weekly
[ Publishers Weekly | 2025-01-14 05:00:00 UTC ]
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The publishing industry can feel like an opaque, black box to aspiring authors, with countless gatekeepers—agents, editors, publicists, book buyers and more—shaping the process behind the scenes. Even established authors can find the sector confusing as they attempt to read the tea leaves behind... Continue reading at Electric Literature
[ Electric Literature | 2025-01-06 12:05:00 UTC ]
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Judy Garland once famously instructed us to make the Yuletide gay, and the publishing industry is really doing its part ... Continue reading at Book Riot
[ Book Riot | 2024-12-19 13:00:00 UTC ]
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The holidays are approaching, and, with them, the end of 2024. As we near December’s various holidays and the start of an unpredictable 2025, observant readers will doubtless see that there haven’t been as many new books to list here as usual. This often happens in the publishing industry around... Continue reading at Literrary Hub
[ Literrary Hub | 2024-12-17 09:34:15 UTC ]
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The CEO of Serendipity Literary Agency and president of the Association of American Literary Agents is bringing the innovative spirit of an engineer to the publishing industry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-12-17 05:00:00 UTC ]
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No one has been more central to the publishing industry’s efforts to defend the freedom to read than the Penguin Random House SVP. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-12-17 05:00:00 UTC ]
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Many celebrities’ books are actually written by others, the UK writers’ union says, and it’s time they were acknowledgedThe Society of Authors (SoA) is calling on celebrities and the publishing industry to properly acknowledge the writers behind celebrity books, particularly those aimed at... Continue reading at The Guardian
[ The Guardian | 2024-12-10 16:42:22 UTC ]
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Rebellion Developments began life as a video game production studio, but over the past 25 years, it has become a force in the U.K. publishing industry, developing robust businesses around valuable IPs including Judge Dredd and Rogue Trooper. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-12-10 05:00:00 UTC ]
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His blog, The Shatzkin Files, was an essential read for industry insiders. His observations about the changes digital publishing would bring were prophetic. Continue reading at The New York Times
[ The New York Times | 2024-11-22 22:38:42 UTC ]
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2024 has been a rough year for Sonos. The company’s would-be triumphant entry into the crowded headphones market was overshadowed by a disastrous app redesign. In the fallout of the botched software update, the company decided to delay products that were ready to be shipped to give itself more... Continue reading at Engadget
[ Engadget | 2024-11-11 13:00:11 UTC ]
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This year’s report, based on 632 responses to our annual survey, reveals the beginnings of a generational shift in publishing, and continuing unease about AI. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-08 05:00:00 UTC ]
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Despite the publishing industry’s grim outlook, many outliers are simultaneously fighting to change and reluctantly accepting the status quo. Continue reading at Digiday
[ Digiday | 2024-11-06 05:01:00 UTC ]
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Stewart Collins says support for the Petworth literary festival in West Sussex is growing, and Kathryn Streatfield suggests local events are the solution for a changing festival worldLaura Barton’s piece paints an understandably downbeat picture of where we are now in the world of the literary... Continue reading at The Guardian
[ The Guardian | 2024-10-29 16:25:30 UTC ]
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