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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Three publishers are rushing out books targeted to help readers who are opposed to Donald Trump's election cope over the next four years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-08 00:00:00 UTC ]
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A political manifesto written by Rebecca Solnit in 2004 has received a boost after the election, with publisher Haymarket Books giving away 30,500 ebooks and selling out of print copies. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-12-06 00:00:00 UTC ]
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In the first full week of sales after the election, unit sales slipped 1% over the comparable week in 2015. New books by Megyn Kelly and Bernie Sanders had solid starts. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-23 00:00:00 UTC ]
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New books releasing this fall through January feature spiritual practices and insights for finding hope, solace, and a new way forward in a divided and hectic world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-18 00:00:00 UTC ]
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Books with "Trump" in the title got a post-election boost, as did many titles that deal with the big themes of the campaigns. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-18 00:00:00 UTC ]
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Philip Hoffman, former chief corporate finance and strategic development officer at Pearson PLC, has been named chairman of Penguin Random House, succeeding John Makinson. Continue reading at The Bookseller
[ The Bookseller | 2016-11-16 00:00:00 UTC ]
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If you controlled a media publishing platform that connected to millions of people, it'd make you a pretty powerful individual. Not so, according to Mark Zuckerberg, who has come out against the notion that Facebook helped win it for Trump. TechCrunc... Continue reading at Engadget
[ Engadget | 2016-11-11 00:00:00 UTC ]
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Booksellers from across the country on what they are recommending to their customers, from escapist fiction to insightful nonfiction to help understand, well, what just happened. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-11 00:00:00 UTC ]
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The book trade has reacted with “dismay”, “horror” and “frustration” to this morning’s shock news that Republican candidate Donald Trump has beaten Democrat Hillary Clinton to take the White House as US president elect. Continue reading at The Bookseller
[ The Bookseller | 2016-11-10 00:00:00 UTC ]
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Authors have spoken of their devastation at the news that right-wing Republican candidate Donald Trump has been voted in as US president elect, with one saying it feels like the world is heading for a “dark, dystopian future”. Continue reading at The Bookseller
[ The Bookseller | 2016-11-10 00:00:00 UTC ]
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An election season that has proven particularly divisive sees authors weighing in on both sides of the aisle in spite of a primarily leftward lean. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-08 00:00:00 UTC ]
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The U.S. election is nearly over. Publishers are using reader interest in politics to gain new audiences through live blogging, video and extra print editions, in addition to the standard social media efforts. Sky News is creating an immersive 360-degree video on the insides of election night.... Continue reading at Digiday
[ Digiday | 2016-11-08 00:00:00 UTC ]
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Dozens of news publishers including ABC News, NowThis and the Washington Post plan to produce hours of live Facebook videos during Election Day. Most are focused on providing the latest election news from around the country. NowThis plans to counter-program by hosting a watch party on Facebook... Continue reading at Digiday
[ Digiday | 2016-11-08 00:00:00 UTC ]
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Randi Zuckerberg, the entrepreneur, investor, and sister of Facebook founder Mark Zuckerberg, has self-published a children's book called 'Missy President' that she hopes is the first in a new series. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-08 00:00:00 UTC ]
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Evangelical Christian authors discuss what it's like to be faced with choosing one of two major party candidates whose values in one way or another deeply contradict their own. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-11-02 00:00:00 UTC ]
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The 2016 presidential election has ushered in many "firsts," from the nomination of the first female major party candidate to the first time (at least in memory) that a presidential nominee has been recorded saying that he likes to "grab women by the pussy." In light of these firsts—and many,... Continue reading at AdWeek
[ AdWeek | 2016-11-01 00:00:00 UTC ]
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Whether it’s through building a food-porn empire or extending its breaking-news content internationally, BuzzFeed has ambitious global expansion plans. This week, founder Jonah Peretti was promoting the company in Japan, which he claims is BuzzFeed’s fastest growing international market. Digiday... Continue reading at Digiday
[ Digiday | 2016-10-27 00:00:00 UTC ]
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Republican presidential nominee Donald Trump said Saturday that his administration would seek to block a massive media merger between AT&T and Time Warner Inc. if he is elected president. The deal, which appears to be imminent, would turn telephone giant AT&T, a company already valued at... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-10-22 00:00:00 UTC ]
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Jacob Dalborg, CEO of Bonnier, was the featured speaker during the CEO panel where he talked about the plans the Swedish publisher has for the future. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-10-20 00:00:00 UTC ]
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Bob Iger, whose tenure as chairman and chief executive of Walt Disney Co. has been marked by a string of high-profile acquisitions, will write a book about leadership for Random House, the publisher announced Monday. In a news release, Random House said Iger's book will explore "the ideas,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2016-10-17 00:00:00 UTC ]
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