Earvin 'Magic' Johnson Acknowledges Johnson Publishing Company

LOS ANGELES, Feb. 22 /PRNewswire-USNewswire/ -- The following is a statement from Earvin "Magic" Johnson, Chairman and CEO, Magic Johnson Enterprises:

"I would like to salute Linda Johnson Rice and the Johnson family for pioneering the iconic brand of the Johnson Publishing Company, which we have all come to love and respect. Ebony and Jet have been permanent fixtures on coffee tables in African-American homes for many years. Recently, an affiliate of Magic Johnson Enterprises and Johnson Publishing Company were in advanced discussions to do business together, but unfortunately we were unable to reach a definitive agreement. We will continue to look for opportunities to invest in African-American media."

SOURCE Magic Johnson Enterprises

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED