EBONY Media Operations Not Affected by Johnson Publishing Bankruptcy Filing
EBONY Media Operations brands, which include EBONY magazine, EBONY.com, digital magazine JET at jetmag.com and its related businesses, have viably operated independently of Johnson Publishing Company/dba Fashion Fair Cosmetics (JPC) since Black-owned EBONY Media Operations, LLC (EMO) purchased the media assets of JPC in 2016. Black-owned investment firm CVG Group LLC assisted in the formation of EMO.
EMO is unaffected by the Chapter 7 bankruptcy announcement regarding the dissolution of JPC. The JPC bankruptcy announcement has no affect or implications on the viability of EBONY Media Operations brands listed above.
EMO is not able to comment further and is not familiar with the facts or events of the JPC business. EMO leadership team, and its entire staff, has great respect for the JPC legacy, including its operation as the former publisher of EBONY and JET magazines.
EMO looks forward to continuing to delight and serve the Black community in America and worldwide for years to come.
View complete bankruptcy filing here.