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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Neil Gaiman will executive produce a new television series based on author Mervyn Peake's Gormenghast novels. Continue reading at The Bookseller
[ The Bookseller | 2019-08-18 19:21:19 UTC ]
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Board games are booming, but comics publishers are wary about entering the market. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-08-16 04:00:00 UTC ]
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IN 1988, Verso Books published a collection of writings by cultural theorist Stuart Hall titled The Hard Road to Renewal: Thatcherism and the Crisis of the Left. Hall’s work examined the socio-economic conditions and discursive tactics that led to the ascendance of Margaret Thatcher as an... Continue reading at Los Angeles Review of Books
[ Los Angeles Review of Books | 2019-08-13 17:00:24 UTC ]
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The FUSE Media Summit returns this Nov. 19-21, once again connecting digital media and technology executives for 2 ½ days of expert insights, boardroom case studies, and peer-to-peer discussion. To develop an impactful program, we're working closely with a group of all-star advisors that... Continue reading at Publishing Executive
[ Publishing Executive | 2019-08-13 16:55:01 UTC ]
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Comscore, its stock already approaching all-time lows, missed expectations of flat revenue with a 4.4 percent decline last quarter. The media measurement company’s interim CEO said on a Tuesday earnings call after market close that it’s “exploring all strategic options.” The stock already has... Continue reading at Advertising Age
[ Advertising Age | 2019-08-07 00:08:01 UTC ]
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Long before funny cat content flooded every single corner of the internet, John Steinbeck, legendary dog person, was writing it for Le Figaro, proving once again that France gets all the good stuff before we do. Steinbeck wrote “The Amiable Fleas,” or “Les puces sympathiques,” in 1954 for Le... Continue reading at Literrary Hub
[ Literrary Hub | 2019-07-31 15:44:48 UTC ]
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Jamie Fiocco, owner and general manager of Flyleaf Books in Chapel Hill, N.C., is prepared to expand the focus of the American Booksellers Association as its new president. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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A group of private foundations led by the J. Paul Getty Trust is set to purchase the complete photography archive of Johnson Publishing—which comprises some 983,000 photographs and 3.35 million unprocessed negatives from Ebony and Jet magazines dating back to 1948—after submitting a winning $30... Continue reading at Folio Magazine
[ Folio Magazine | 2019-07-25 17:18:02 UTC ]
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The National Association of College Stores is changing leadership in the face of financial losses for the fiscal year that ended March 31, 2019, planning to exit college textbook distribution, and expecting layoffs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-25 04:00:00 UTC ]
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The newly elected board of directors of the Book Industry Study Group will meet for the first time on July 25 in New York City. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-25 04:00:00 UTC ]
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Harvey Wolff, senior vice president of Haynes North America, has been appointed to the Haynes Publishing Group's board of directors. Continue reading at The Bookseller
[ The Bookseller | 2019-07-18 17:00:03 UTC ]
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Aram Goudsouzian explains how the 1968 campaign upended the power of party leaders. Continue reading at The Washington Post
[ The Washington Post | 2019-07-18 13:58:57 UTC ]
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W H Smith's international chairman and business development director Louis de Bourgoing will retire next month. Continue reading at The Bookseller
[ The Bookseller | 2019-07-15 19:26:25 UTC ]
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Netflix International Originals will be centerstage in the Frankfurt Pavilion when the division's vice-president Kelly Luegenbiehl speaks. The post Frankfurter Buchmesse Names Netflix’s Kelly Luegenbiehl for CEO Talk appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-07-09 12:25:50 UTC ]
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Lee Iacocca, the U.S. auto executive and television pitchman whose feel for consumers’ changing tastes helped produce the Ford Mustang and the Chrysler minivan and made him one of the first celebrity CEOs, has died. He was 94. His death was confirmed Tuesday by Fiat Chrysler Automobiles in a... Continue reading at Advertising Age
[ Advertising Age | 2019-07-03 14:58:55 UTC ]
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Mary Burns, who was named president of Barbour last year, has been promoted to president and CEO of the company-owned Christian publishing house. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-07-01 04:00:00 UTC ]
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A new book, “Anne Frank: The Collected Works,” includes previously unpublished letters Anne Frank wrote to her grandmother as the Nazis made their way across Europe. Continue reading at The Washington Post
[ The Washington Post | 2019-06-25 16:27:15 UTC ]
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AT&T Inc. named Ann Sarnoff as the first woman to lead Warner Bros., filling a key vacancy created by the departure of Kevin Tsujihara following a sex scandal. Sarnoff is currently president of BBC Studios America and has more than 30 years of business and media experience, AT&T’s... Continue reading at Advertising Age
[ Advertising Age | 2019-06-24 21:32:18 UTC ]
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Alice Oswald has been elected as the next Oxford University Professor of Poetry after triumphing in the vote, making her the first woman to serve in the role in 300 years. Continue reading at The Bookseller
[ The Bookseller | 2019-06-23 18:01:20 UTC ]
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A bipartisan group of political publishers including Daily Caller, Mediaite, Raw Story, Alternet, Law&Crime, and the Washington Free Beacon have launched Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-06-21 15:26:03 UTC ]
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