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. Essence Ventures started in 2017 and is chaired by founder, entrepreneur, investor and philanthropist Richelieu Dennis. It also holds an annual music festival, which was headlined last year by Diana Ross, Mary J. Blige and Chance the Rapper. 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. Ebanks insists this sacred wall will still be honoredand that Essence is not directly owned by Sundial, but rather a separate Dennis-helmed entity. In its tipping guide . They also alleged that he tried to force Essence employees and contractors to sign non-disclosure agreements to protect himself and his family members who worked in leadership positions at Essence. On Thursday (Jan. 4), Essencethe nation's leading African American-focused publicationwas sold by Time Inc. to a . Lou Carlozo, Editor and Publisherlou@talkingbiznews.comChris Roush, Founderchristopher.roush@quinnipiac.edu, Talking Biz News is a division of Vested LLC31 E. 17th St.New York, NY 10003917-765-8720. I am a believer that when we own our media companies they represent an authentic voice, Ms. Spann-Cooper said. 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. 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. For the first time in nearly two decades, Essence magazine is once again a fully black-owned publication. This website uses cookies to improve your experience while you navigate through the website. The spokeswoman added that Ms. Wanga would oversee the independent review of the Essence workplace. Celebrity OTE - Spring Arts. 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). This major move marks. 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. The whole idea when [BeautyCon] was founded was to be an inclusive place for all women to express their individual beauty, Dennis said. 1035, and the Maine Classic Car Museum has No. Essence Communications, a brand known for its popular monthly magazine and annual music festival, is once again 100 percent African-American owned. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Boxing legend George Foreman and actor Khris Davis share inspiration for Big George Foreman film, Deborah Janes Strange Fruit film revisits the past to fix the future in racial reconciliation, Black home buyers considering buying a home 5 ways to purchase a house without a down payment, Rolling out kicks off 2023 Sisters with Superpowers 10-city tour and awards dinner in Atlanta, May 4; tickets available, Breaking the Chains provides job training and opportunities to the youth, Shara McHayle shares how hip-hop inspired her business, Hoop 88 Dreams. READ: Missy Elliott To Receive Essence 2018 Black Women In Music Honor. Because I hope they dont stray from the culture of Essence. Essence Ventures swooped in at a foreclosure sale to acquire BeautyCon, the so-called Super Bowl of the Beauty industry that nearly filed for bankruptcy last year after being ravaged by the pandemic, financial issues, staff layoffs, and unpaid bills. Throughout the years, I have seen her with various writers, artists, activists, and its easy to see that she is loved. We accept that because what else is the ultimate goal in this country?. Article length can vary from 500 to 2500 words. Colorful earrings by @wheatgrass_scorpio. 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 employees are systematically suppressed by pay inequity, sexual harassment, corporate bullying, intimidation, colorism and classism.. The strategic vision and leadership that Michelle has provided to ESSENCE over the years have been exemplary, and we are thrilled to work with her and her talented team to provide the necessary resources and support to continue to grow the engagement and influence of the ESSENCE brand and transform this business, Dennis said. The cookies is used to store the user consent for the cookies in the category "Necessary". The group has given Ms. Wanga, the interim leader, until the close of business on Friday to comply. I read her letter from the editor and it became my favorite part of the magazine. 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. We knew they wanted to help Black people with Black hair care, especially with people who do their own hair. Print fond memoriesThis pocket Bluetooth printer lets you print your precious memories before they hit Instagram. A target of Black Female Anonymous is Richelieu Dennis, the owner of Essence Ventures, the parent company of the magazine and Essence Communications. SheRea DelSol, a Black content creator on YouTube who focuses on natural hair content, told The Daily Beast she wont be participating in BeautyCon now that Essence and Dennis are at the helm. A person who identified herself as a representative of the essays writers, contacted through the Black Female Anonymous Instagram account, declined to be interviewed for this article. 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. , who will keep her place at the helm of the company will also joining its board of directors. 2,017 people have signed it. *Terms apply. This major move marks Essences return to being a 100% black-owned company. This is a BETA experience. For more than 50 years, ESSENCE has been a leader in promoting Black-Owned beauty brands. As a woman who writes, and aspires to publish a book, I really admire Susan, and I think that she is one of the most influential women in journalism. Everybody aint lying, she said. 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. 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. Opinions expressed by Forbes Contributors are their own. We wish you could have been in the room to see the excitement and pride on the Essence Teams' faces as we gave them the good news, according to a statement on the Essence website . The magazine was founded in 1970 as a black-owned publication for black women who, coming out of the Civil Rights era and in the midst of a new feminist wave, were eager to read not only about fashion and beauty but careers and spirituality too. The executive team will also have an ownership interest in the business. These cookies track visitors across websites and collect information to provide customized ads. You win and you learn. 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. Recording Studio: Great journey, I gave a lot of myself to these sessions. This is historical.. We can now invest in women of color as consumers.. Its true that lifestyle giant CondNast is in the midst of a major austerity program, but its competitor Hearst recently acquired indie publisher Rodale, which owns titles like Mens Health and Prevention. I dont know, but I dont have high hopes of BeautyCon being a more Black space.. Thoughts have power; thoughts have energy. This cookie is set by GDPR Cookie Consent plugin. I could live life on the beach, but it was very cold near Lake Erie. 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. This flare shirt is amazing! The Essence team denied the allegations in a statement Monday, calling them mischaracterizations and unfounded attempts to discredit our brand and assassinate personal character.. Its target audience is the African-American community, and its coverage includes the lifestyles and accomplishments of influential black people, fashion, beauty, and politics.. Ebony magazine was founded in 1945 by John H. Johnson, for his Johnson Publishing Company.He sought to address African-American issues . Clearly, Ebanks team hopes that Essence wont just evolve, but thrive and survive for the next 48 years. 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. 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. Starting with the magazine in 1970, it has expanded globally, eventually leading to the annual Essence Music Festival in 1995 and online website ESSENCE.com. This pocket Bluetooth printer lets you print your precious memories before they hit Instagram. IE 11 is not supported. - Edward long Timeless reading that calms and reassures is hard to find. The most valuable part of writing a business plan is the education you gain by researching and . Published January 6, 2018. Anyone can read what you share. Follow NBCBLK on Facebook, Twitter and Instagram. Ebanks will also have equity stake in the business along with the executive team of ESSENCE. This is a magazine for Americans who love their nation. Ebanks issued a statement which reads in part, This acquisition of ESSENCE represents the beginning of an exciting transformation of our iconic brand as it evolves to serve the needs and interests of multigenerational Black women around the world in an even more elevated and comprehensive way across print, digital, e-commerce and experiential platforms, 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.. 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. 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. Savor each page [of American Essence]. Im not surprised people are not talking, DelSol said. As a classicist, he's at ease with the ancient world but often brings a historian's insightful perspective to current . I think many people dont even know about it because no one cares about Black women. Its branding was so popular . Today, however, Time Inc. is set to be owned by Midwest magazine publisher Meredith Corporation, which bought the conglomerate late last year in a $2.8 billion take-over, partially funded by the conservative-focused Koch brothers. They dont take into account victims unless its close to home or it happens to them personally.. With a circulation of over 1 million and some 8.5 million monthly readers, Essence is hardly nicheand it should have been appealing to major publishing corporations. I am happy to be alive! THE GRIOT PROJECT: Akron with Umojah Nation Reggae band and student Patrick Warner, poet in training. With this sale, the legacy of essence is back in the control of Black owners. 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. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. We are hiring for both print as well as online articles. It does not store any personal data. 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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. Essence Ventures is an African-American owned company focused on merging content, community, and commerce founded by Richelieu Dennis, the CEO and founder of Sundial Brands. - Charles Middlemas Uplifting stories about exceptional Americans. 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. The new journey on which we are embarking will be fueled not only by the passion we have (and have always had) for Black women, but also that Black women will be at the helm as we move forward.. Why the FT bought a majority stake in Endpoints News, Vice News Tonight canceled, company announces layoffs, The Messenger hires Scotti as a biz and finance editor, Traditional Art (Paintings and Sculptures from Renaissance to early 1900s), Classical Architecture and Houses of Beauty in America as well as Europe, History of Performative Art (opera, theatre and ballet), All applicants must send a sample of their writing along with their resume. When we think about power dynamics and who has the power, if the allegations are true regardless of an investigation that took placewhere can these women go? It took me 16 years before I agreed to go into mass retail. Radiant Life Magazine is a nonpolitical magazine that aspires to revive traditional culture with lifestyle content that uplifts and inspires readers. When The Daily Beast spoke to him this week about his buy up of BeautyCon, Dennis refused to directly answer any questions about the 2020 controversy and his promise to step away from Essence magazine. Edward Lewis, Clarence O. Smith, Cecil Hollingsworth and Jonathan Blount founded Essence Communications Inc. (ECI) in 1968. As a subscriber, you have 10 gift articles to give each month. Essence Ventures LLC, an independent black-owned company today announced its acquisition of Essence Communications Inc., home of Essence magazine, from Time Inc. on Wednesday. Sources familiar with Essence told Page Six that it is likely that current and former employees wrote the anonymous op-ed. In the same . Mr. Dennis said that he was raised by a single mother who read Essence magazine and that his four daughters read it. The essay also had criticism for two other Essence leaders, the chief operating officer, Joy Collins Profet, and the chief content officer, MoAna Luu. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Essence said that he helped lead the team but never took on the role and responsibilities as CEO. The first time I picked up an issue of Essence magazine, I noticed Susan Taylors picture. Reporters, poking around, have unearthed intriguing connections: a documentary co-produced with Steve Bannon; a donor who worked at the secretive hedge fund run by the Breitbart benefactor Robert. 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. Online content may range from $100-250 per article. - Monica Guza .. non-political, real-life look at goodness, decency, and excellence in the world. Those findings have not changed the views of some. READ: Chance The Rapper Joins Essence Fest As Headlining Act. In a phone interview on Wednesday, Mr. Dennis, 48, said that he bought the magazine to serve and empower women of color., This will give Essence a platform and a voice to serve its consumers, which are women of color, Mr. Dennis said during a flight from his native Liberia to the United States. Under the influence of coconut oil, shea, olive, and a slight bit of gel to hold it. Got it from Dillards for $14. 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. Receive updates about new stories in the industry. 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.. American Essence highlights the morals and traditional. Celebrity OTE - Spring Arts Guide Daniel Kaluuya. 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. The release states further that Essence will focus on expanding its digital businesses and continue to plant its rich content in more global markets (the Essence Festival launched a Durban, South Africa, festival in 2016). 1028 on display. 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.
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