The company said that there had not been claims or evidence of sexual harassment or misconduct and that it would review any new instances brought to HR. So lets GOOOOOOOOOO!!! Savor each page [of American Essence]. In 2017, it was sold to the conglomerate Unilever, but Dennis remains Sundials CEO and executive chairman. Later in the essay, the writers said the problems at Essence predated the arrival of Mr. Dennis. So, these Black women in particular, if they come forward, where will they go? THE GRIOT PROJECT: Akron with Umojah Nation Reggae band and student Patrick Warner, poet in training. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Best-known for massive magazine brands like Time, People, and Sports Illustrated, Time Inc. bought Essence more than a decade ago, back when the publishing company was one of Americas most formidable media giants. When it started off, we knew their demographic. We are hiring for both print as well as online articles. Edward Lewis, co-founder of Essence Magazine, is defending his decision to sell the legacy publication to Time Inc. after recent criticisms from recently . Essence Ventures LLC, an independent black-owned company today announced its acquisition of Essence Communications Inc., home of Essence magazine, from Time Inc. on Wednesday. I like my face in this, though. A person who identified herself as a representative of the essays writers, contacted through the Black Female Anonymous Instagram account, declined to be interviewed for this article. Mr. Dennis has also stepped away from the daily leadership role he had assumed since the departure of Ms. Ebanks, the company said in a separate statement. The top editor of Bon Apptit, Adam Rapoport, resigned last month after a photo of him costumed in stereotypical Puerto Rican attire resurfaced on social media. In 2018, he bought the Essence brand, vowing to scale Black-owned brands and bring much-needed diversity to the beauty and lifestyle world. It tells the stories of real Americans who take individual initiative to make their lives and the lives of others better. Published January 6, 2018. Theyre going to look like whistleblowers, theyll look like sellouts, theyll look like theyre bringing down the quintessential definition of what Black excellence looks like. The anonymous essay was published at a time when many other media companies have wrestled with race and discrimination against Black employees and other workers of color. Online content may range from $100-250 per article. SheRea DelSol, a Black content creator on YouTube who focuses on natural hair content, told The Daily Beast she wont be participating in BeautyCon now that Essence and Dennis are at the helm. The owner of Black business empire Essence Ventures, who vowed to step away as the acting CEO of Essence magazine after being an awful boss during last year's racial reckoning, is. Because I hope they dont stray from the culture of Essence. I remember in December 2012, in a meeting to set the definition of solutions journalism, Tina insisted we use the word "rigorous" so as to differentiate it from fluffier stories about firefighters saving cats from trees. *Terms apply. The Essence team denied the allegations in a statement Monday, calling them mischaracterizations and unfounded attempts to discredit our brand and assassinate personal character.. Analytical cookies are used to understand how visitors interact with the website. This major move marks Essences return to being a 100% black-owned company. All of that changed this week after it was announced that the company has been sold to Essence Ventures LLC, a company launched in 2017 by Shea Moisture founder Richelieu Dennis. We have two magazines: Radiant Life and American Essence as well as an online platform: Bright. Austin-based Michael Gibson's ClearView Partners, with backing from Houston private-equity firm Park View Capital Partners, are the new owners of the 62-year-old monthly. Essence Communications will be led by an all-black female executive team. Colorful earrings by @wheatgrass_scorpio. Essence Ventures is founded and chaired by Richelieu Dennis, founder of Sundial Brands which owns Shea Moisture. I am a believer that when we own our media companies they represent an authentic voice, Ms. Spann-Cooper said. I dont know, but I dont have high hopes of BeautyCon being a more Black space.. Essence Magazine is now 100% black-owned. The coronavirus pandemic didnt help financial matters. It will serve as a guide to make your entrepreneurial dreams a reality, help you avoid costly mistakes, assist in financial preparations, serve as a resume of sorts for future potential business partners and much more.. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. AMERICAN ESSENCE brings to you stories that remind us of the promise of America. Sundial Brands announced in November a partnership with Unilever to acquire Sundial. Essence Ventures LLC, an independent black-owned company today announced its acquisition of Essence Communications Inc., home of Essence magazine, from . The cookies is used to store the user consent for the cookies in the category "Necessary". An anonymous post on Medium that said it was written by current and former Essence employees is part of a social media campaign for change at the groundbreaking Black media brand. The company announced Tuesday night that it had appointed Caroline Wanga to be interim CEO and that they would launch an independent investigation into the workplace culture. This was an important week for minority media. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The ESSENCE team has extended the brands reach and influence across multiple platforms, solidifying its position as the premier destination for African-American women serving an audience of 16.3 million, said Time Inc. President Rich Battista in a memo to staff obtained by NBC News. These cookies ensure basic functionalities and security features of the website, anonymously. At the time of the purchase, Mr. Dennis, who was born and raised in Liberia, said Essence would serve and empower women of color under his stewardship. Alexis Nottingham, whose TressesOfAlexis YouTube channel focuses primarily on Black hair care, said she understood that the allegations were found unconfirmed, but still felt uncomfortable with the accusations. I would have to see change, see an apology, in order to participate or contribute. Celebrity OTE - Spring Arts Guide Daniel Kaluuya. On Jan. 17, Brides magazine reported that Tony Award-winning actress Anika Noni Rose -- who famously voiced Tiana in the animated Disney movie "The Princess and the Frog" -- married actor Jason . Founded in 1970, Essence has now expanded, reaching a global audience of more than 16 million across its many platforms. Essence President Michelle Ebanks will continue at the helm of the company and will join its board of directors; she will also have an equity stake in the business. I am happy to be alive! However, she also doesnt think BeautyCon will suffer from the negative stain of Essence. This is a continuation of my quest to do that.. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. The allegations didnt even go very far. Receive updates about new stories in the industry. For more than 50 years, ESSENCE has been a leader in promoting Black-Owned beauty brands. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. It also holds an annual music festival, which was headlined last year by Diana Ross, Mary J. Blige and Chance the Rapper. And the mid-sized Penske Mediaowner of Variety and Robb Reportjust snapped up Rolling Stone. The City of Cacapava, Sao Paolo, Brazil, owns No. Members of the team were excited about the announcement. As reported earlier by Journal-isms for The Root, the Essence brand was not part of the historic, nearly $3 billion sale of Time Inc. to the Meredith Corp. in November 2017. The new journey on which we are embarking will be fueled not only by the passion we have (and have always had) for Black women, but also that Black women will be at the helm as we move forward.. He vowed that Essence Ventures would bring heightened inclusivity to BeautyCon. Shanygne Maurice, creator of beauty product reviews on a YouTube channel called TooMuchMouth, said she had a rather unpleasant experience as a Black creator at the last BeautyCon but actually sees the Essence buyout as an opportunity to make the event more inviting and inclusive for Black influencers and enthusiastsgiven Essences history in the Black community., Im not sure if Id participate in the first one [under Essences ownership], she said. Essence magazine is a monthly publication whose target audience is African American women. 5:11 pm. It's nearly a 200-mile commute home for historian Victor Davis Hanson from the Hoover Institution at Stanford University, where he travels once a week, to his quiet family farm in the fertile Central Valley of California. The strategic vision and leadership that Michelle has provided to ESSENCE over the years have been exemplary, and we are thrilled to work with her and her talented team to provide the necessary resources and support to continue to grow the engagement and influence of the ESSENCE brand and transform this business, Dennis said. Ebanks directly links this growth to Essences new all-black ownership. The essay is part of an online campaign that includes Twitter and Instagram accounts and a change.org petition, which has collected more than 2,000 signatures. The executive team will also have an ownership interest in the business. She looked like a statue of an ancient African goddess, sort of that Grace Jones bold look, but with clothes. Thats commendable. Essence has been an influence for African-American women since its first publication in May 1970. We know that we work for you and nothing makes us happier. As a classicist, he's at ease with the ancient world but often brings a historian's insightful perspective to current . Click to share on Pinterest (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Pocket (Opens in new window), https://africanessence.files.wordpress.com/2023/01/music-nov-29_solange_whenigethome_dreams_7.mp3, They tried to bury her, but she kept on giving birth . Its branding was so popular . They also alleged that he tried to force Essence employees and contractors to sign non-disclosure agreements to protect himself and his family members who worked in leadership positions at Essence. Essence Communications announced Thursday that it was acquired from Time Inc. by Essence Ventures for an undisclosed sum. In the Medium essay and on social media, Black Female Anonymous has called for the resignations of Ms. Profet and Ms. Luu; demanded that Ms. Ebanks leave the board; and demanded that Mr. Dennis have nothing to do with running Essence. Writing a comprehensive business plan is the first step in starting a business. Ebony is a monthly magazine that focuses on news, culture, and entertainment. Headwraps by Queen Fatima Chui. The magazine was founded in 1970 as a black-owned publication for black women who, coming out of the Civil Rights era and in the midst of a new feminist wave, were eager to read not only about fashion and beauty but careers and spirituality too. Entertainment & Arts How a $970,000 award represents hope and change for a Black L.A. dance company Jan. 15, 2021 Founded in 1945 by Chicago-based publisher John H. Johnson, Ebony magazine was. You may negotiate rate based off experience and expertise. and a graphic artist! In the essay, Black Female Anonymous tied their efforts to the larger social protest movement that has swept the country. Posted in Art, Ethinicity, Culture, Identity Tagged African American History Month, black history 365, black history month 2017, susan taylor essence, susan taylor history, susan taylor interviews, susan taylor time inc, who owns essence magazine Essence, as an archive of Black life, is also a cornerstone in the . Top editors from Refinery29, the New York Times, Bon Apptit and the Philadelphia Inquirer resigned last month in response to journalists calling out their own organizations and now Essence can be added to the list of companies making changes. Gerren Keith Gaynor March 13, 2013 918. The American Hotel & Lodging Association recommends $1 to $5 a night left daily, preferably in a marked envelope making it clear that it is intended for the housekeeper. The magazine, a mainstay of black culture for almost half a century, was bought by Richelieu Dennis, the founder of Sundial Brands, a large personal-care products company, from Time Inc., Essence Ventures announced on Wednesday. Essence covers African-American beauty and style. Opinions expressed by Forbes Contributors are their own. It also marks the first time a major womens style magazinewhich heavily features beauty-based advertisements and editorialis connected via ownership to a consumer-products company. Like SheaMoisure, she said. An anonymous essay published on Sunday criticized Essence, the groundbreaking Black media brand, citing an abusive work culture in which bullying and sexual harassment were common. - Monica Guza .. non-political, real-life look at goodness, decency, and excellence in the world. In 2000, the magazines founders, Clarence Smith and Ed Lewis, sold a 49 percent stake in Essence to Time Inc. Since 1970 Essencehas been the premiere fashion and culture magazine for women of color. Dennis bought Essence from Time Inc. in 2018 for an undisclosed sum. The owner of Black business empire Essence Ventures, who vowed to step away as the acting CEO of Essence magazine after being an awful boss during last years racial reckoning, is not-so-quietly asserting his power againand Black influencers are torn. When we think about power dynamics and who has the power, if the allegations are true regardless of an investigation that took placewhere can these women go? https://t.co/q2BGN0pxNF pic.twitter.com/CbLQlpK9Qz. Last year, The Wrap reported that a year after a huge event that attracted thousands of attendees, BeautyCon was still struggling to pay vendors. Lou Carlozo, Editor and Publisherlou@talkingbiznews.comChris Roush, Founderchristopher.roush@quinnipiac.edu, Talking Biz News is a division of Vested LLC31 E. 17th St.New York, NY 10003917-765-8720. American Essence FO R E V E RYO N E W H O LOV E S T H I S C O U N . 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(Time Inc.s golf magazines and entire UK division are also on the market.) Im not surprised people are not talking, DelSol said. Essence Ventures is an African-American owned company focused on merging content, community, and commerce founded by Richelieu Dennis, the CEO and founder of Sundial Brands. Would love your thoughts, please comment. The move returns 48-year-old Essence to black ownership for the first time in over a decade, and solidifies the magazines status as the most important minority-owned publication in America. Essence Communications Inc., the 48-year-old mutliplatform brand that owns Essence magazine and the annual Essence Festival, has gone back to black (ownership), having been acquired by Essence . Starting with the magazine in 1970, it has expanded globally, eventually leading to the annual Essence Music Festival in 1995 and online website ESSENCE.com. We idolize Black capitalism, Black consumerism, and Black wealth over Black people, and I dont see this being an issue at all for them. The demand for a new America calls for the complete accountability of all Americans, even those of us in Black America and our cultural institutions, the writers said. HOME - American Essence Mike Rowe: America's Favorite Apprentice Channaly Philipp Mike Rowe, America's perpetual apprentice, has been giving viewers a front-row seat to our country's dirtiest jobs for nearly 20 years. Similar uprisings have taken place at The New York Times, The Philadelphia Inquirer, The Wall Street Journal, The Washington Post, The Pittsburgh Post-Gazette and the womens lifestyle website Refinery29. But if I were to see how that goes and hear about the event moving in the right direction and it being the fun and inviting event its supposed to be, Id certainly attend in the future., Nottingham, however, questioned whether Essence could really change BeautyCon or if it was another case of diversity initiatives being whitewashed.. I dont even know if theres an apology substantial enough to fix it.. As the Time-Meredith deal closes, Time Inc. has been quietly selling off its more niche titles, including the lifestyle-focused Sunset and now Essence. Ebanks insists this sacred wall will still be honoredand that Essence is not directly owned by Sundial, but rather a separate Dennis-helmed entity. Originally from Liberia, he founded Black beauty brand SheaMoisture and then Sundial Brands, the parent company to SheaMoisture. Mr. Dennis, the founder of Sundial Brands, a Black beauty products company, bought Essence from Time Inc. in 2018. We can now invest in women of color as consumers.. Dennis acknowledged that, though progress has been made in the beauty industry in terms of racial efforts, it doesnt mean the problem is solved. He said theres still a need for awareness and education to dismantle structural racism at the root of bias in the community. Ivie is a Nigerian-American, native New Yorker, and journalist covering, Essence Ventures LLC, an independent black-owned company today announced its acquisition of Essence Communications Inc., home of, magazine, from Time Inc. on Wednesday. I think many people dont even know about it because no one cares about Black women. Reporters, poking around, have unearthed intriguing connections: a documentary co-produced with Steve Bannon; a donor who worked at the secretive hedge fund run by the Breitbart benefactor Robert. The brand was looking for another buyer and has apparently found one with Essence Ventures, which was founded and is chaired by Liberian-American Richelieu Dennis, who also is founder of SheaMoisture (in November, Unilever acquired the parent company for SheaMoisture, Sundial Brands). It is owned by Essence Ventures, an independent African-American owned company focused on merging content, community, and commerce to meet the evolving cultural and lifestyle needs of women of color.. Anyone can read what you share. I read her letter from the editor and it became my favorite part of the magazine. In the Medium article, titled The Truth About Essence, anonymous staffers claimed that Dennis slept with his employees and harassed those who rejected his advances. It does not store any personal data. This denim skirt is from the thrift store for $3. 2,017 people have signed it. Know Thyself sweathshirt available @Alkebulan Ujaama Book Store. Even with your apology, [victims] still have their trauma and the after-effects. You also have the option to opt-out of these cookies. We dont want @Essence to fold, the group said. Essence Ventures swooped in at a foreclosure sale to acquire BeautyCon, the so-called Super Bowl of the Beauty industry that nearly filed for bankruptcy last year after being ravaged by the pandemic, financial issues, staff layoffs, and unpaid bills. An op-ed, titled "The Truth About Essence" and written by "Black Female Anonymous" was published on Medium on Sunday that outlined allegations of a toxic workplace culture in which Black. As part of the growth plan, we will launch and/or acquire new content verticals and new brands in order to super serve our community of women,says company president Michelle Ebanks, who is leading Essences all-female executive team. I hope this means there is an opportunity for us to stay in business, she said. . But this month, he was back. Clearly, Ebanks team hopes that Essence wont just evolve, but thrive and survive for the next 48 years. We wish the ESSENCE team the best and will watch this celebrated brand continue to flourish in its next chapter," he stated. 1028 on display. In addition, the all black female executive team of Essence, including Ebanks, will have an equity stake in the business. The magazine focuses on fashion, pop culture, music and black life. The cookie is used to store the user consent for the cookies in the category "Other. The Essence motto is Black women come first, and Mr. Dennis said he intended to live up to it. Bennett Raglin / Getty Images For SheaMoisture, Lifestyles publisher Meredith buying Time Inc. in Koch brothers-backed deal. In 2000, Time Inc. acquired a 49 percent stake of Essence from its founders and acquired the remaining percentage five years later. Follow NBCBLK on Facebook, Twitter and Instagram. With this sale, the legacy of essence is back in the control of Black owners. Yet the sale, no matter its community significance, suggests that minority-focused magazines will forever remain along the fringes of major media. Lol, FAMILY: The children and I @University Circles Parade the Circle, Modeling for: http://www.afropunk.com/ Brooklyn, New York, August 2014. Essence, a 48-year-old monthly lifestyle magazine, has a majority-black readership. READ: Missy Elliott To Receive Essence 2018 Black Women In Music Honor. This cookie is set by GDPR Cookie Consent plugin. American Essence brings you the best of America, past and present, to help you create a better future for yourself and the country. Black women deserve to feel safe both in white America and Black America., In a Wednesday letter to Ms. Wanga, Black Female Anonymous asked for a guarantee that Mr. Dennis would not have a role in running Essence and that the three other executives they had identified leave the company by the close of business on Friday. 1035, and the Maine Classic Car Museum has No. It is with great joy that we announced that Essence is under new ownership and is now an independent African-American-owned company. Essence Communications Inc. (ECI) was founded in 1968 by Clarence O. Smith, Cecil Hollingsworth, Jonathan Blount, Denise M. Clark, and Edward Lewis. The magazine has a circulation of more than one million and its website attracts nearly seven million unique visitors each month. A target of Black Female Anonymous is Richelieu Dennis, the owner of Essence Ventures, the parent company of the magazine and Essence Communications. Ebanks issued a statement which reads in part, This acquisition of ESSENCE represents the beginning of an exciting transformation of our iconic brand as it evolves to serve the needs and interests of multigenerational Black women around the world in an even more elevated and comprehensive way across print, digital, e-commerce and experiential platforms, In addition, it represents a critical recognition, centering and elevation of the Black women running the business from solely a leadership position to a co-ownership position.. [W]e are excited to be able to return this culturally relevant and historically significant platform to ownership by the people and the consumers whom it serves, and offer new opportunities for the women leading the business to also be partners in the business, said Dennis of the Essence brand acquisition. Correction: A previous version of this story incorrectly stated that Richelieu Dennis had the title of interim CEO. The company owns . The release states further that Essence will focus on expanding its digital businesses and continue to plant its rich content in more global markets (the Essence Festival launched a Durban, South Africa, festival in 2016). Co-founded by Ed Lewis and Clarence Smith in 1968, Essence has been one of the lifestyle go-to companies for African-American women. Mr. Dennis said that he approached Time Inc. about buying Essence after Time Inc. agreed in November to be sold to the Meredith Corporation, the owner of Better Homes & Gardens and Family Circle, in an all-cash transaction worth about $2.8 billion. Essence has always had a close connection to its readers. The group has given Ms. Wanga, the interim leader, until the close of business on Friday to comply. Since then, Essence has installed Caroline A. Wanga, a former Target executive, as its interim leader and has also pledged to hire law firms to conduct a review of workplace issues. The future of Essence was uncertain when it was announced Meredith Corporation was buying Time Inc. in November. Richelieu Dennis, CEO of SheaMoisture, at Fashion Week in New York in 2015. ! She ended her statement with the hashtag #BlackWomenRiseTogether., Black Female Anonymous replied to Ms. Wanga on social media. We wish you could have been in the room to see the excitement and pride on the Essence Teams' faces as we gave them the good news, according to a statement on the Essence website . Essence Ventures announced in a press release, in November, Unilever acquired the parent company for SheaMoisture, Sundial Brands. According to Black Enterprise magazine, Essence president Michelle Ebanks will continue in her role and join its board of directors. But while Meredith hopes to cut costs, Essences new owners are planning to investheavily. Michelle Ebanks will continue to serve as president of ESSENCE Communications and will join its board of directors. In its tipping guide . We are excited to be able to return this culturally relevant and historically significant platform to ownership by the people and the consumers whom it serves and offer new opportunities for the women leading the business to also be partners in the business, Dennis said in a statement.
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