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Magic Johnson planning to Buy Ebony magazine

February 15, 2010


NEW YORK (Reuters) – Magic Johnson, the Hall of Fame basketball player, is in talks to purchase Johnson Publishing Co, the publisher of Ebony and Jet magazines, Bloomberg reported on Friday.

Bloomberg cited Eric Holoman, president of Los Angeles-based Magic Johnson Enterprises, as saying “there have been discussions.” Holoman declined to comment further, Bloomberg said.

Holoman could not immediately be reached by Reuters for comment

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Personally this is a perfect fit simpliy by last name alone, MJ  is one dude who is all about putting people first so far so good and we wish the nothing but the best Magic keep doing your thing.

2 Comments leave one →
  1. Tempz permalink
    March 6, 2010 11:49 am

    Nice going Magic, the gentleman does have what it takes to run that empire by turning it ito a powerhouse conglomerate.

    [Tempz – out]

  2. Janine permalink
    February 20, 2010 9:08 pm

    He has always seemed like a very shrew business man, lets see what he can do with this new venture, greater things possibably we will have to watch to find out.

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