Tuesday, July 30, 2019

Jet, Ebony archive sold


A large photo archive from Jet and Ebony magazines was auctioned off in late July and will go to the Smithsonian Museum of African American History and Culture and to the Getty Research Institute, NPR and others reported. The public will have the opportunity to see over a million photos for the first time, the new owners say. 
The auction took place in Chicago.
The archive went for $30 million, money that will go to Johnson Publishing's bankruptcy debt, NPR reported.
The Ford Foundation, the J. Paul Getty Trust, the MacArthur Foundation and the Andrew W. Mellon Foundation were the buyers.

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