Jul
28
Laurene Powell Jobs Buys Majority Stake in the Atlantic
Posted in: Uncategorized
Laurene Powell Jobs’s Emerson Collective has agreed to acquire a majority stake in the Atlantic, the iconic political and cultural magazine that has also become a force in digital publishing.
Powell Jobs, the 53-year-old widow of Apple co-founder Steve Jobs, is buying the stake from Atlantic Media Chairman David Bradley, who will remain a minority owner, the publication said Friday.
Bradley, 64, will continue to own Atlantic Media’s other brands, including the National Journal, Government Executive and the digital business-focused publication Quartz.
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