October 2009
Media Industry Newsletter;10/5/2009, Vol. 62 Issue 38, p2
Market Research Report
The article reports that Earl Graves, Black Enterprise founder, could have another opportunity to buy "Ebony" and "Jet" magazine. African American magazines "Ebony" and "Jet" are up for sale by chairman and chief executive officer (CEO) Linda Johnson Rice. It mentions that Graves was not happy in January 2005 when he was not able to get the chance to bid for "Essence" magazine which was bought outright by Time Inc. from the founders, Ed Lewis and Clarence Smith.


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