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Essence Magazine Co-Founder Says He Does Not Regret Selling The Magazine To TIME

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Magazines on a Newstand Mario Tama Getty Images

 

via:blackchristiannews

 

Edward Lewis, one of the principal founders of Essence magazine, told Journal-isms Monday that he “absolutely” would again sell the publication to Time Inc. regardless of the complaints of fired editor-in-chief Constance C.R. White and readers who support her.

“It’s very difficult for any size magazine to be standing out here alone without some other support elsewhere,” Lewis said by telephone, adding that the magazine business has faced the additional challenges of changing technology and a punishing recession since he sold Essence to Time Inc. in 2005.

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