Landmark Skybox

Breeze-Courier | Taylorville, IL
The Weather Network
Advanced Search
search sponsored by


LOGIN | SUBSCRIBE




KMRM

home : news : state news free February 16, 2020

1/3/2020 12:25:00 PM
Assets of former owner of Ebony going to auction

CHICAGO (AP) — Bankrupt Johnson Publishing Co., the former owner of Ebony and Jet magazines, will sell off art that once decorated the company’s Chicago headquarters.

Among the art to be auctioned Jan. 30 at a New York gallery will be paintings, sculptures and other works from 75 African American artists. Among the pieces isan installation by Carrie Mae Weems of seven framed photographs with etched glass that chronicles the migration from the south of thousands of African Americans seeking to escape Jim Crow laws and anti-black violence.

Johnson Publishing filed for Chapter 7 bankruptcy protection in April, citing debts and unsuccessful attempts to restructure or sell the company.

In a July bankruptcy auction, Johnson Publishing sold its Ebony photo archives to a consortium of foundations for $30 million. Its Fashion Fair Cosmetics business was sold in December for $1.85 million.

In 2016, Ebony and Jet were sold to Clear View Group, a Texas equity firm.





Article Comment Submission Form
Please feel free to submit your comments.

If you are looking for the SPEAK OUT submission form, you can find it by clicking here: Speak Out Form


Article comments are not posted immediately to the Web site. Each submission must be approved by the Web site editor, who may edit content for appropriateness. There may be a delay of 24-48 hours for any submission while the web site editor reviews and approves it.

NOTE: All information on this form is required. Your telephone number and email address will not be displayed or shared.
Submit an Article Comment
First Name:
Required
Last Name:
Required
Telephone:
Required
Email:
Required
Comment:
Required
Passcode:
Required
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.
   










Trinity Dodge Fixed
Dr Paul The Dentist
NewsWebPagesOpinionPeopleObituariesAg & BusinessSportsContact UsLife
Subscriptions | Username & Password Reminder | Change Password | Life

Breeze-Courier & Printing | 212 S Main St. Taylorville, IL 62568 | (217) 824-2233 |
website@breezecourier.com

© Copyright 2014 Breeze-Courier & Printing. All Rights Reserved.
Original content may not be reprinted or distributed without the written permission of Breeze-Courier & Printing.

Software © 1998-2020 1up! Software, All Rights Reserved