You win and you learn. Thank you for being in our corner over the last 47 years. American Essence brings you the best of America, past and present, to help you create a better future for yourself and the country. 'Essence' Just Took the Lead in Serving Women of Color. Here's Why It Melody Spann-Cooper, chairwoman of Midway Broadcasting Corporation, which owns WVON, a Chicago radio station whose target audience is black, welcomed Essence's return to being an. That reality was reflected by Johnson Publishing Companys sale two years ago of Ebony and Jet to a private equity firm in Texas, creating a void in black-owned media companies. Jan 03, 2018. We dont want @Essence to fold, the group said. These cookies track visitors across websites and collect information to provide customized ads. Whether BeautyCon becomes a platform to help combat those inequities remains to be seen. 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 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). They neglected their niche of Blackness their base demographic of Black women with kinky hair. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Essence Magazine has new African-American owners Lol, FAMILY: The children and I @University Circles Parade the Circle, Modeling for: http://www.afropunk.com/ Brooklyn, New York, August 2014. Founded in 2011 by Marina Curry, a Black woman, BeautyCon was a hub of live events before it started to falter in 2019. I read her letter from the editor and it became my favorite part of the magazine. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". You may opt-out by. 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Jean Carroll Rape Trial, JPMorgan Stock Set For Second-Best Day This Year After First Republic Takeover, First Republic Taken Over By JP Morgan After Regulators Shut It Down, Texas Mass Shooting: Police Have Zero Leads On Suspect Accused Of Killing 5 In Execution-Style Shooting, Weekend Box Office: Super Mario Bros. Will Hit $1 Billion In Sales On Sunday, Studio Says, White House Correspondents Dinner: Biden And Roy Wood Jr. Take Shots At Fox News And GreeneAnd Bidens Age, This Stock Market Indicator Is The Weakest Its Ever BeenAnd Other Warning Signs Are Flaring, Essence CEO Richelieu Dennis Resigns Following Scathing Op-Ed, These Mother-And-Son Entrepreneurs Went From Selling Soap On Harlem Streets To An $850 Million Fortune. Ebanks directly links this growth to Essences new all-black ownership. 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. Since 1970, Essence Communications has served as a source of empowerment for black women across its platforms, including its flagship print magazine, television specials, and the annual Essence . . The cookie is used to store the user consent for the cookies in the category "Performance". 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. Later in the essay, the writers said the problems at Essence predated the arrival of Mr. Dennis. Essence Ventures LLC, an independent black-owned company today announced its acquisition of Essence Communications Inc., home of Essence magazine, from . 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. As a subscriber, you have 10 gift articles to give each month. The Epoch Times is looking for writers - Talking Biz News Articles in classical art, music, craft and architecture aims to showcase the timeless beauty of master artists and craftsman throughout antiquity. Ebanks insists this sacred wall will still be honoredand that Essence is not directly owned by Sundial, but rather a separate Dennis-helmed entity. 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. More curiously, his history with beauty brands, which will be core Essence advertisers, also raises questions about the magazines ability to truly separate its business and editorial sidea core value of traditional media that is quickly eroding in the age of advertorials and native advertising. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Its branding was so popular that Time Inc., purchased the magazine and for the past 12 years, a publication dedicated to Black women was in White hands. Its not to say that they shouldnt be able to cater to all types of hair and all types of people, but theres always this desire to cater to whiteness and white features. This is a BETA experience. The authors called for the resignation of Dennis and other executives, urged for an advertising boycott and painted a damning portrait of Dennis, including alleging that his surface-level commitment to Black women is driven by greed and a debaucherous sexual appetite, that he has sexually harassed multiple women and has used NDAs to protect his family against liability or disparagement. 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. I dont believe in losses, she wrote. 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 . 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. The cookie is used to store the user consent for the cookies in the category "Other. The first time I picked up an issue of Essence magazine, I noticed Susan Taylors picture. And I feel that over the years they expanded their branding and their marketing, which is fine, but I feel like they kind of neglected their base demographic. Article length can vary from 500 to 2500 words. Im not in the business of selling my soul for a couple of dollars or for popularity, one Black content creator told The Daily Beast. It began publishing Essence magazine in May 1970. Headwraps by Queen Fatima Chui. American Essence magazine - The Epoch Times I think its cool that it has pockets. [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. 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. Colorful earrings by @wheatgrass_scorpio. It took me 16 years before I agreed to go into mass retail. The allegations didnt even go very far. Our objective is to make it into that by making it inviting, by diversifying subjects, by being inclusive in the brands, by being intentional in the commitments.. The conversations @richelieudennis and I started a few months ago about his strategic vision for @Essence and the opportunity to be on a team furthering the health/wealth of the global black diaspora, across a portfolio of businesses including @essence, was a win. A win stitched together by a 50-year legacy of black creatives, businesses, and community that I would be honored to be a part of., Ms. Wanga noted that she had learned there are things that need to be better for our team and culture and Im ready to begin that work, adding, Im committed to flourishing while fixing and fastening what needs to work to be in service to our teams, communities and partners. 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. For an optimal experience visit our site on another browser. This will give Essence a platform and a voice to serve its consumers, which are women of color, Dennis told the New York Times earlier this week. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 5:11 pm. Founded in 1970, Essence has now expanded, reaching a global audience of more than 16 million across its many platforms. 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 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. Members of the team were excited about the announcement. Essence Ventures started in 2017 and is chaired by founder, entrepreneur, investor and philanthropist Richelieu Dennis. I dont know, but I dont have high hopes of BeautyCon being a more Black space.. Ms. Luu, the head of content, will step back from day-to-day operations during the course of the review, the statement said. 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. 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. Bennett Raglin / Getty Images For SheaMoisture, Lifestyles publisher Meredith buying Time Inc. in Koch brothers-backed deal. Altogether Richelieu and the Dennis family directly and indirectly buy the silence of current and former Essence Black female employees who fear backlash of Richelieus massive financial and social capital, the authors wrote. American Essence Magazine is also a nonpolitical magazine that aims to showcase the values and traditions of American culture with stores of the people and places, past and present, that helped and continue to help shape this nation. By clicking submit, you agree to receive emails from Rolling Out and accept our web terms of use and privacy and cookie policy. Magazine articles are $250 per article. Writing a comprehensive business plan is the first step in starting a business. This pocket Bluetooth printer lets you print your precious memories before they hit Instagram. We have two magazines: Radiant Life and American Essence as well as an online platform: Bright. Again, with skinnys I like my booty to be covered as much as possible. ! She ended her statement with the hashtag #BlackWomenRiseTogether., Black Female Anonymous replied to Ms. Wanga on social media. 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. 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. The future of Essence was uncertain when it was announced Meredith Corporation was buying Time Inc. in November. 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. The anonymous essay suggested that many Essence employees believe he has not lived up to that statement. These cookies ensure basic functionalities and security features of the website, anonymously. Speculation Centers on Value of Successful Festival. 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. Fine art articles for American Essence include American architecture and houses of beauty, traditional American artists and musicians that helped establish the culture as well as cinema and film stars that inspired the nation and the American people. What we now have is an opportunity to have the liquidity to make investments in Essence, said Mr. Dennis. African-America backing, she notes, is not only symbolically important, but ownership is an important pillar of economic empowermentand directly builds wealth and strengthens communities of color., Black media insiders also applauded the Essence deal. Essence, a 48-year-old monthly lifestyle magazine, has a majority-black readership. And the mid-sized Penske Mediaowner of Variety and Robb Reportjust snapped up Rolling Stone. 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. A Traveler's Guide to Tipping in a Changed World https://t.co/q2BGN0pxNF pic.twitter.com/CbLQlpK9Qz. His departure was part of a larger revolt at the magazines parent company, Cond Nast. 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. HOME - American Essence 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. It is a magazine that focuses on traditional American values and great American stories. It is with great joy that we announced that Essence is under new ownership and is now an independent African-American-owned company. Celebrity OTE - Spring Arts Guide Daniel Kaluuya. 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. We can now invest in women of color as consumers.. All rights Reserved. With the sale of Essence magazine to a personal-care products mogul, the publication is once again fully black-owned for the first time since 2000. For the last 50 years, Essence Magazine has consistently found innovative approaches to archiving Black women's lives by immortalizing our intellect, literature, and culture on glossy pages. The group has given Ms. Wanga, the interim leader, until the close of business on Friday to comply. Essence Ventures announced in a press release, in November, Unilever acquired the parent company for SheaMoisture, Sundial Brands. The once exalted media brand dedicated to Black women has been hijacked by cultural and corporate greed and an unhinged abuse of power, the writers said in the essay. ABOUT US - American Essence With this sale, the legacy of essence is back in the control of Black owners. The cookies is used to store the user consent for the cookies in the category "Necessary". Even with your apology, [victims] still have their trauma and the after-effects. On Tuesday two days after the essay was posted Mr. Dennis named her the interim chief executive. 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. 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. In 2018, he bought the Essence brand, vowing to scale Black-owned brands and bring much-needed diversity to the beauty and lifestyle world. [3] [4] Lewis and Smith called the publication a "lifestyle magazine directed at upscale African American women". Niecy Nash and Jessica Betts are the first same-sex couple on Essence This major move marks. A new CEO was named for Essence magazine and the company, which owns several other entities like Afropunk festival and hair care company Naturally Curly, promised that Dennis would be taking a step back. THE GRIOT PROJECT: Akron with Umojah Nation Reggae band and student Patrick Warner, poet in training. 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. About - Essence Celebrity OTE - Meagan Good Daniel Kaluuya Digital Cover Digital Cover Method Man Digital Cover Zazie Celebrity News 'Yes, Girl!' Podcast Entertainment Black Celeb Couples. Mr. Dennis, the founder of Sundial Brands, a Black beauty products company, bought Essence from Time Inc. in 2018. They faulted a previous Essence leader, Michelle Ebanks, blaming her for a toxic culture. Ms. Ebanks stepped down as the chief executive of Essence Communications in March, after nearly 20 years at the company, and is a member of the Essence board. This denim skirt is from the thrift store for $3. According to Page Six reporting, the employees are giving Essence executives an ultimatum: respond in five business days or they will release personal testimonials of pay inequity, workplace bullying, lay-offs while on maternity leave and immediately after giving birth and sexual harassment. Using the Black Female Anonymous nom de plume again, they launched a change.org petition to get signatures for their resignation. The reason is because of the racist structures that existed in mass retail., He said hair care products were once racially segregated on store shelves but, thanks to his efforts, retailers have come to realize theres a much bigger market opportunity when you engage in Black brands on a fair and consistent basis. 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. African-American company buys Essence Communications from Time Inc. Derek T. Dingle, chief content office of Black Enterprise magazine, described it as groundbreaking, and lauded Essences return to black ownership as a rare event in contemporary black business history.. It focuses on culture, beauty, fashion, and entertainment. His firm, Sundial Brands, was founded to provide hair- and skin-care products to minority women, and was inspired by traditional shea-butter recipes found in Denniss native Liberia. A target of Black Female Anonymous is Richelieu Dennis, the owner of Essence Ventures, the parent company of the magazine and Essence Communications. Got it from Dillards for $14. The event had always centered white women and white entrepreneurs, DelSol said, and therefore never appealed to her. 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.. Our free, fast, and fun briefing on the global economy, delivered every weekday morning. 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. 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. Adenike Olanrewaju contributed reporting. Richelieu Dennis, the owner of Essence Ventures, at the 2018 Essence Festival in New Orleans. 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. Essence said that he helped lead the team but never took on the role and responsibilities as CEO. American Essence magazine is a breath of fresh air in troubled times! According to Black Enterprise magazine, Essence president Michelle Ebanks will continue in her role and join its board of directors. Copyright 2022 Rolling Out. 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 Ventures LLC, an independent African-American-owned company, Essence Ventures announced in a press release.
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