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"Ebony, a 1.2 million circulation lifestyle magazine aimed at African-Americans, has been sold by Johnson Publishing to a Texas businessman with backing from a private equity firm, Media Ink has learned. Austin-based Michael Gibson’s ClearView Partners, with backing from Houston private-equity firm Park View Capital Partners, are the new owners of the 62-year-old monthly. The new company, to be known as Ebony Media Operations, is expected to be chaired by Gibson and have former Chief Operating Officer Cheryl Mayberry McKissack as the new CEO. “I can confirm that Ebony has been sold,” said Johnson Publishing CEO Desiree Rogers. “It allows Johnson Publishing to reduce its debt associated with the media company and focus on growth of its cosmetics business.” Gibson told Media Ink that current Editor-in-Chief Kierna Mayo will step down and will be replaced in the top spot by Kyra Kyles, who is currently a senior vice president in charge of", nypost.com
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