Topic - Johnson Publishing

Johnson Publishing Company, Inc. (JPC) was an American publishing company founded in November 1942 by African-American businessman John H. Johnson. Headquartered at 200 S. Michigan Avenue in Chicago, Illinois, United States. Johnson Publishing Company was privately held, and its chairman and Chief Executive Officer (CEO) was the founder's daughter, Linda Johnson-Rice. Led by its former flagship publication, Ebony, Johnson Publishing was at one time was the largest African-American–owned publishing firm in the United States. Johnson Publishing Company also published Jet, a weekly magazine, from November 1951 until June 2014, when it became digital only. In later years, Johnson Publishing Company fell into debt, leading to the sale of its historic 820 S. Michigan Avenue headquarters in 2011 and thereafter its publications in 2016. In April 2019, Johnson Publishing Company filed for Chapter 7 Bankruptcy Liquidation in a U.S. Bankruptcy Court in Chicago, ending the company’s 76–year run. - Source: Wikipedia