Ebony/Jet Photo Archives Sold For $30M; Find New Home At NMAAHC & Getty Research Institute

Ebony and Jet Magazine's photo archives are being moved to the National Museum of African American History and Culture in DC and the Getty Research Institute in Los Angeles.

Ebony and Jet's magazine archives show more than 70 years of images that chronicle the African American experience. The archives became available after Johnson Publishing filed for Chapter 7 bankruptcy in April hoping that the sale price would cover the $13.5 million Johnson Publishing owed.

The buyers, which also include the Ford Foundation, the John D. & Catherine T. MacArthur Foundation and the Andrew W. Mellon Foundation, paid $30 million for the collection.

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