Black Twitter Celebrates 'Essence' Magazine Being Black-Owned Again
Black Twitter Celebrates ‘Essence’ Magazine Being Black-Owned Again
A major move has folks happy.
Share the post
Share this link via
Or copy link

Source: Rich Polk / Getty
On Wednesday, Black-owned company, Essence Ventures LLC, announced that they acquired Essence Communications Inc. — the media company behind Essence magazine.
Essence Ventures LLC is led by Richelieu Dennis, the same founder of Shea Moisture hair and skin products.
His company acquired Essence Communications Inc. from Time Inc., which makes Essence magazine a 100% Black owned business again. President Michelle Ebanks will continue to lead the magazine and its multiple platforms. The all Black women executive team, including Ebanks, will also have an equity stake in the business.
Folks across Black Twitter are celebrating this big move. Swipe through to check out people’s reactions.
Black Twitter Celebrates ‘Essence’ Magazine Being Black-Owned Again was originally published on globalgrind.com
-
7 Bible Verses To Close Out The School Year
-
Winter Blues: Navigating Seasonal Depression and Mental Health During the Holidays: Hosted by Karen Vaughn featuring Dr. Heather Fretwell, Chief Medical Officer, Sandra Eskenazi Mental Health Center
-
Teenager Found Dead After Shooting on Indy’s Northwest Side
-
Study Finds Beef May Not Be as Bad as First Thought
Love Praise Indy? Get more! Join the Praise Indy Newsletter
We care about your data. See our privacy policy.
