By Derek T. Dingle | Black Enterprise
Creating shockwaves throughout the African American community, Chicago-based Johnson Publishing Co., the once-iconic publishing company that for years had been one of the nation’s largest black-owned business, filed for bankruptcy yesterday. After years of trying to remake the former BE 100s company that launched such brands as Ebony and Jet magazines, it succumbed after failing to find new funding sources.
The liquidation of its assets marks the end of an era.
