(AllHipHop News) Magic Johnson and investor Ron Burkle are entering into the publishing business, as Magic Johnson Enterprises and Burkle's Yucaipa Companies have announced a strategic investment in Vibe Holdings LLC. As Chairman, Magic Johnson will utilize his expertise in developing the urban market and leverage his connections to build relationships between Vibe's brands and advertisers. According to Magic, the backing of Intermedia, MJE and The Yucaipa Companies, makes a powerful combination.
Yucaipa, is familiar with the urban landscape as well. The company, which is headed by Ron Burkle, dropped $100 million into Sean "
No comments:
Post a Comment