EBONY Magazine: “There is One EBONY Magazine”

By Special To The Black Star News

Published on:

Follow Us
Screenshot_2020-07-16EBONYMagazineyoutube-GoogleSearch

[Ebony Magazine]
Ebony Magazine: “The only entity under the EBONY umbrella is EBONY Magazine. There is no other entity recognized or authorized by the Company and its Board of Directors.”
Photo: YouTube

In response to conflicting reports on the management of EBONY Magazine, The Board of Directors for EBONY Media Holdings released the following statement:

“While there have been multiple attempts to claim ownership of EBONY Magazine, there is one EBONY Magazine. It is run by Ebony Media Holdings LLC and its operations are governed and overseen by its Board of Directors including Michael Gibson, John C. Robinson and Jacob Walthour, Jr. There have been no changes and any statement suggesting otherwise is inaccurate and patently false.

“The only entity under the EBONY umbrella is EBONY Magazine. There is no other entity recognized or authorized by the Company and its Board of Directors. There is no EBONY Foundation, no EBONY Capital Partners, no EBONY Entertainment LLC, etc.

“While his name has come up repeatedly, please note that Robert Shumake holds no leadership position or authority within the Company and he is not authorized to facilitate transactions on the Company’s behalf.

“Further, Willard Jackson Jr. holds no leadership position or ownership stake in the company. On July 2, 2020, the Board of Directors agreed to the removal of Mr. Jackson following an independent inquiry into several transactions that Jackson led. That investigation is ongoing. He is not authorized to facilitate transactions on the Company’s behalf.

“We feel it is entirely irresponsible for any individual or entity to assert that anyone other than EBONY Media Holdings, owns, operates and runs EBONY and we want to make it abundantly clear that we will pursue all legal remedies to protect the Ebony brand.”

See also  New Jersey, Gov. Phil Murphy Engaged in Racial Bias says Black Financial Firm

Leave a Comment