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Feder: It's all over for Johnson Publishing Company

It's a good thing John H. Johnson didn't live to see this day. Johnson Publishing Company, former publisher of Ebony and Jet magazines, filed for bankruptcy Tuesday - 77 years after its founding in Chicago, Robert Feder writes.

In 2016 the iconic titles were sold to a Texas-based private equity firm, while the company struggled to restore profitability.

Get the full report, and more Chicago media news, at robertfeder.com.