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 ]
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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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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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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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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The United States' book publishing trade in August was up 13.4 percent year over year, and was up 8.1 percent year-to-date. The post AAP StatShot: US Publishing Industry Up 8.5 Percent in August appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-29 15:02:49 UTC ]
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The “Yellowface” author is using her voice to bring Asian and Asian American histories to life on the page, and advocating for others to do the same. Continue reading at HuffPost
[ HuffPost | 2024-10-22 15:00:22 UTC ]
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October Prime Day presents a good opportunity for Prime members to snag holiday gifts early, and that’s perhaps most relevant for those eyeing Amazon’s own devices. Gadgets like Echo speakers, Fire TV sticks and Kindles are almost guaranteed to be on sale during members-only sale events like... Continue reading at Engadget
[ Engadget | 2024-10-09 12:22:50 UTC ]
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When it comes to tech on sale for Amazon Prime Day, Amazon’s own hardware is at the top of the list. The online retailer usually discounts Echo speakers, Fire tablets, Kindles and the like to record-low prices for October Prime Day, and this year is no different. We’re seeing some of the best... Continue reading at Engadget
[ Engadget | 2024-10-08 22:19:15 UTC ]
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When it comes to tech on sale for Amazon Prime Day, Amazon’s own hardware is at the top of the list. The online retailer usually discounts Echo speakers, Fire tablets, Kindles and the like to record-low prices for October Prime Day, and this year is no different. We’re seeing some of the best... Continue reading at Engadget
[ Engadget | 2024-10-08 14:38:30 UTC ]
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Thousands of books have been publicly challenged and removed from libraries in the past couple of years. Elizabeth Harris, who covers books and the publishing industry for The New York Times, explains how books are being pulled from libraries in a quiet process called weeding. Weeding normally... Continue reading at The New York Times
[ The New York Times | 2024-10-08 09:00:02 UTC ]
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A look at China’s book market data shows signs of post-pandemic recovery, as well as new trends in book sales channels. The post China’s Publishing Industry Seeks New Growth Amid Recovery appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-08 00:27:24 UTC ]
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Increasing number of black authors forced to self-publish or promote work on social media, says Selina BrownThe founder of a book festival celebrating black authors has said they are “forced” to pave their own way into the publishing world because of a lack of diversity within the... Continue reading at The Guardian
[ The Guardian | 2024-10-02 16:06:33 UTC ]
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Betsy Lerner has spent decades in the publishing industry. Writing her first novel, “Shred Sisters,” unlocked a completely new side to her creativity. Continue reading at The New York Times
[ The New York Times | 2024-10-01 19:20:03 UTC ]
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