Laurene Powell Jobs’s Organization to Take Majority Stake in The Atlantic

Laurene Powell Jobs’s Organization to Take Majority Stake in The Atlantic

Laurene Powell Jobs’s Organization to Take Majority Stake in The Atlanticbr She added: “Emerson Collective is excited to work with David, with his first-rate leadership team, and with his enormously talented staff, to ensurebr that The Atlantic continues to fulfill its critical mission at this critical time.”br Emerson Collective’s deal for a majority stake in The Atlantic is expected to close in about a monthbr By SYDNEY EMBERJULY 28, 2017br Emerson Collective, the organization founded by Laurene Powell Jobs, has agreed to acquire abr majority stake in The Atlantic magazine, with full ownership possible in the coming years.br “What a privilege it is to partner with David Bradleybr and become a steward of The Atlantic, one of the country’s most important and enduring journalistic institutions,” Ms. Powell Jobs said in a news release.br “While I will stay at the helm some years, the most consequential decision of my career now is behind me: Who nextbr will take stewardship of this 160-year-old national treasure?” Mr. Bradley, 64, wrote in a note to employees.br David G. Bradley, chairman of Atlantic Media, will retain a minority stakebr and intends to continue running the magazine for the next three to five years.br Peter Lattman, a managing director of media at Emerson Collectivebr and a former media editor and deputy business editor at , will become vice chairman of The Atlantic.


User: RisingWorld

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Uploaded: 2017-07-29

Duration: 02:19

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