Under Newly Elected Chairman, Ebony Board Ousts CEO

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 ]

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Women’s Fiction Literary Agents Open to Submissions

Literary agents are gatekeepers of the publishing industry. Find women's fiction literary agents open to submissions in this post. List will be updated regularly. The post Women’s Fiction Literary Agents Open to Submissions by Robert Lee Brewer appeared first on Writer's Digest. Continue reading at Writer's Digest

[ Writer's Digest | 2019-09-18 13:00:29 UTC ]
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AWP Fires Executive Director, Who Alleges Discrimination

Chloe Schwenke, who served for one year as interim executive director of the Association of Writers and Writing Programs before being officially named executive director about six months ago, has been let go. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-09-13 04:00:00 UTC ]
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How Brexit Could Destroy the U.K. Publishing Industry

In his poignant and strikingly insightful novel of 1956, The Lonely Londoners, Samuel Selvon shapes his narrative through the eyes of Caribbean migrants (now commonly referred to as the Windrush generation) upon their arrival to London post-World War II. His Trinidadian characters, having been... Continue reading at Electric Literature

[ Electric Literature | 2019-09-12 11:00:55 UTC ]
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Historical Fiction Literary Agents Open to Submissions

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[ Writer's Digest | 2019-09-11 12:59:53 UTC ]
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[ Writer's Digest | 2019-08-31 13:00:08 UTC ]
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[ Writer's Digest | 2019-08-29 13:00:38 UTC ]
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Up and Down the Masthead, Male Editors (Still) Significantly Out-Earn Females

Sponsored by Readex Research Against a backdrop of sustained industry instability, editorial salaries have remained relatively consistent year-over-year, according to data from Folio:’s annual survey of compensation levels at consumer, B2B and association magazine publishers, conducted in... Continue reading at Folio Magazine

[ Folio Magazine | 2019-08-27 18:49:12 UTC ]
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Thriller Literary Agents Open to Submissions

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[ Writer's Digest | 2019-08-27 17:00:29 UTC ]
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More than 'story, bonking, story': why you've never heard of Australia's best-selling authors

In pushing the romance genre aside, Australia’s publishing industry sent its most successful writers to pursue their careers abroadNalini Singh is trying to convince me to read a love story starring bears. The tiny author is tucked up under a huge scarf in a cafe on a freezing August day in... Continue reading at The Guardian

[ The Guardian | 2019-08-17 22:00:54 UTC ]
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Obituary: Toni Morrison (18/02/1931-05/08/19)

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[ The Bookseller | 2019-08-15 22:10:49 UTC ]
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[ Writer's Digest | 2019-08-14 13:31:11 UTC ]
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IPA Outlines a First Middle East Regional Seminar in Amman

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[ Publishing Perspectives | 2019-08-13 13:55:30 UTC ]
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UK’s Publishers Association Leads ‘Axe the Reading Tax’ Campaign

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[ Publishing Perspectives | 2019-08-12 05:30:59 UTC ]
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[ Writer's Digest | 2019-08-07 14:00:20 UTC ]
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[ Writer's Digest | 2019-08-05 14:46:05 UTC ]
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[ Writer's Digest | 2019-08-02 14:00:02 UTC ]
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[ Literrary Hub | 2019-08-02 08:46:03 UTC ]
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[ Writer's Digest | 2019-07-31 16:00:08 UTC ]
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[ Writer's Digest | 2019-07-29 16:00:04 UTC ]
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[ Writer's Digest | 2019-07-26 11:00:18 UTC ]
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