Melody Spann-Cooper, chairwoman of Midway Broadcasting Corporation, which owns WVON, a Chicago radio station whose target audience is black, welcomed Essences return to being an all-black-owned company. 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. Terms of the transaction were not disclosed. You also have the option to opt-out of these cookies. Got it from H&M for $10 a year ago. You may negotiate rate based off experience and expertise. The Henry Ford Museum of American Innovation has one on display, which is ironic because the Ford Motor Company was one of the Big Three that was supposedly . Bain Capital took a minority stake in Sundial in 2015. Creating Effective Employee Resource Groups | HISPANIC Network Magazine It tells the stories of real Americans who take individual initiative to make their lives and the lives of others better. The Daily Beast attempted to reach out to former and current Essence magazine employees to get their views on Dennis latest business ventures in light of the 2020 controversy. And the mid-sized Penske Mediaowner of Variety and Robb Reportjust snapped up Rolling Stone. Im very focused on giving back, investing and growing my community, he said. Magazine articles are $250 per article. She looked like a statue of an ancient African goddess, sort of that Grace Jones bold look, but with clothes. The company hired two law firms to conduct an investigation, which found that staff felt overworked and underappreciated but concluded that Dennis didnt engage in behavior that would have amounted to unlawful discrimination, harassment or retaliation. (The anonymous writers of the Medium article did not speak to investigators.). I like my face in this, though. But hes entering the industry as a neophyte at a time when mediaparticularly independent mediais struggling for survival. He vowed that Essence Ventures would bring heightened inclusivity to BeautyCon. Were never lacking content; were never lacking a story; were lacking an opportunity to compete, she added. Essence is not owned by a beauty-products firm, she says. American Essence | The Epoch Times 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. We may earn a commission from links on this page. In 2018, he bought the Essence brand, vowing to scale Black-owned brands and bring much-needed diversity to the beauty and lifestyle world. 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 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. American Success - American Essence Would love your thoughts, please comment. 'Essence' Just Took the Lead in Serving Women of Color. Here's Why It In the summer of 2020, a Medium article was published with damning accusations against Essences owner Richelieu Dennis. Instead, Essence is now in the hands of Dennis, a media newcomer who made his fortune in shea-butter cosmetics. We can now invest in women of color as consumers., With Sale, Essence Is Once Again a Fully Black-Owned Magazine, https://www.nytimes.com/2018/01/03/us/essence-sale-black-owned.html. Articles in classical art, music, craft and architecture aims to showcase the timeless beauty of master artists and craftsman throughout antiquity. 'Essence magazine' sold: Returns to all-Black ownership, female leadership Essence Names Interim Chief After Claim of Abusive Work Culture, https://www.nytimes.com/2020/07/02/business/media/essence-magazine-accusations.html. Speculation Centers on Value of Successful Festival. Essence (magazine) - Wikipedia An annual study found that the total number of magazine readers in the U.S. remained above 220 million in every year between 2016 and 2020, having previously hovered around the 210 and 215 million . For an optimal experience visit our site on another browser. Founded in 2011 by Marina Curry, a Black woman, BeautyCon was a hub of live events before it started to falter in 2019. 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 Essence team denied the allegations in a statement Monday, calling them mischaracterizations and unfounded attempts to discredit our brand and assassinate personal character.. 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. As a subscriber, you have 10 gift articles to give each month.