ESSENCE VENTURES ANNOUNCES ACQUISITION OF
ESSENCE COMMUNICATIONS FROM TIME INC.
Essence Ventures LLC, an independent African-American owned company focused on merging content, community, and commerce, recently announced that it acquired Essence Communications Inc. from Time Inc. ESSENCE President Michelle Ebanks will continue at the helm of the company and join its board of directors. In addition, ESSENCE’s executive team, comprised of Black women, will also have an equity stake in the business.
Since its founding in 1970, ESSENCE has been a hallmark of women’s empowerment and a beacon of pride and celebration of the diverse images and lifestyles of Black women. Currently, the company reaches a global audience of more than 16 million across various platforms, including its print magazine; digital, video and social platforms; television specials, books; and live events, including the Street Style Block Party during New York Fashion Week and the annual ESSENCE Festival, a cultural celebration attracting more than 450,000 attendees.
“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,” said Ebanks. “In addition, it represents a critical recognition and elevation of the Black women running the business from solely a leadership position to a co-ownership position.”
With Essence Ventures’ investment in the company, ESSENCE will focus on growing its digital businesses via distribution partnerships, compelling original content, and targeted client-first strategies. The brand will also expand its growth into global markets with women who have shared interests and aspirations. “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 grow the engagement and influence of the ESSENCE brand and transform this business,” said Richelieu Dennis, founder and chairperson of Essence Ventures. “As importantly, 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 offers new opportunities for the women leading the business to also be partners in the business.”
OTHER NEWS
FEBRUARY IS AMERICAN HEART MONTH
This year, as our hearts fill with pride while we celebrate Black History Month, let us also remember to focus on our heart health. And not just on Valentines Day – the entire month of February is American Heart Month.
Heart disease is the leading cause of death for men and women in the United States and certain minority groups face a greater risk than others. Deaths from heart disease are higher in Black Americans than in White Americans and other ethnic groups, and heart disease develops at a younger age in African Americans.
But, heart disease can often be prevented when people know their risks, make healthy choices and manage their medical conditions. So this month, learn the signs and symptoms and the steps you can take to make a difference in your life and the lives of your loved ones at https://www.goredforwomen.org
January is Cervical Cancer Awareness Month
According to The American Cancer Society, “Cervical cancer was once one of the most common causes of cancer death for American women. The cervical cancer death rate dropped significantly with the increased use of the Pap test for screening. But the death rate has not changed much over the last 15 years.” And several studies show that a disproportionate number of women that die each year from cervical cancer are Black women.
The American Cancer Society also stresses the importance of regular screening for the disease, emphasizing that, “Screening tests offer the best chance to have cervical cancer found early when successful treatment is likely.
I AM THE CHANGE FORUMS
The Black Women’s Agenda, Inc. is taking its “Living Your Best Life At Every Age: I Am The Change” town hall on the road! Introduced with support from AARP at its 41st Annual Symposium in September 2018, the forum encourages participants to consider where they are and want to be from a financial, educational and health perspective, and to be a catalyst for change for themselves, their families, and communities.
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JOIN US LIVE NOW for our 46th Annual Symposium moderated by @SymoneDSanders
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BWA 46th Annual Symposium Townhall
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Join @SymoneDSanders and @BWA3 live for BWA's Annual Symposium Townhall!
LIVESTREAM: Friday, September 22, 20203, @ 9 am EST.
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Today in #BlackHistory — Unbought and Unbossed, Shirley Chisholm became the first Black Presidential nominee.
She shattered the glass ceiling and I'm beyond proud to represent part of her district! I am because she was.
We fought hard for this because birth control is essential to our reproductive freedom.
This victory will empower folks to make decisions about their bodies & their futures.
Congress must now pass our bill to #FreeThePill & make OTC birth control free for all who need it.
Protect Yourself and Your Loved Ones with Vaccines! 💉
Vaccines are your best defense against serious illnesses. Stay up to date on your:
✔️ Flu Shot
✔️ COVID-19 Booster
✔️ RSV Vaccine
Let’s work together to keep our communities safe and healthy.
Talk to your healthcare provider today!
#VaccinesWork #StayProtected #RiskLessDoMore
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📢 Tonight`s the Night! Join us for an Important Townhall Webinar!
Don’t miss @theblackwomensagendainc and a panel of distinguished experts discussing “I Am The Change: Vaccines For Your Best Health” 🌍.
This Town Hall will increase awareness of critical prevention, testing, and treatment resources for respiratory viruses like COVID-19, flu, and RSV.
🗓️ Date: November 12th
🕣 Time: 8:30 pm ET
Let’s work together to stay informed and healthy. Register here: https://us06web.zoom.us/webinar/register/WN_C5pIyDF8Swmsayy8PiMT2Q
#RiskLessDoMore #VaccinesForYourBestHealth #IAmTheChange #BWAInc
You inspired. You encouraged. You remained steadfast.
We thank you being you.
"The fight for the ideals that reflect America at its best: Freedom, opportunity, fairness, and dignity. That is a fight I will never give up." - Vice President Kamala Harris, 2024 Presidential Candidate
Voting is still taking place in cities across the country. If you are in line, STAY IN LINE. You can cast your vote if you are in line before the polls close.
If you encounter any issues, please call the Voter Assistance Hotline immediately:
833-336-8683
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We Are STRONGER Together! Every Woman in our country deserves to live freely and safely without fear of her health being criminalized.
As you prepare to go to the polls, remember the words shared here... I am one of them...
Your Vote is Your Voice. WE have the power to protect the rights of women in every community across OUR country!
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