Mar 13, 2013

Bump all that complaining y'all are doing about the selling of Essence Magazine to Time Inc. and how that supposed sale has led to the destruction of the once illustrious Black Institution.  Edward Lewis, one of the principal founders of the magazine, is not trying to hear any of that noise that you all are talking.

In a conversation with Journal-ism website, Lewis said he would sell the magazine all over again to Time Inc. regardless of what people or Constance White has to say about the situation.

Here is what he had to say:

Edward Lewis, one of the principal founders of Essence magazine, told Journal-isms Monday that he "absolutely" would again sell the publication to Time Inc. regardless of the complaints of fired editor-in-chief Constance C.R. White and readers who support her.

"It's very difficult for any size magazine to be standing out here alone without some other support elsewhere," Lewis said by telephone, adding that the magazine business has faced the additional challenges of changing technology and a punishing recession since he sold Essence to Time Inc. in 2005.

And there you have it folks.

Given everything that has transpired with Essence, the founder of the magazine says that he would still would have sold it. Now I bet that is something that would have never crossed the lips of one of my personal heroes Mr. John H. Johnson.

1 comment:

  1. It's easy to assume that black business owners are both literally and figuratively selling out to bigger businesses. To undertake a huge venture is a big risk and requires alot to maintain. If an offer is on the table when things are rough, why not take the offer before the bottom falls out? If things are going well and the business is sold, then perhaps it wasn't actually faring well. There comes a time when we do have to make a decision that is best for us as the individual owners and not our race when it comes to business ventures.