{"id":371846,"date":"2017-07-28T22:26:35","date_gmt":"2017-07-28T14:26:35","guid":{"rendered":"https:\/\/www.macrumors.com\/2017\/07\/28\/laurene-powell-jobs-majority-stake-the-atlantic\/"},"modified":"2017-07-28T22:26:35","modified_gmt":"2017-07-28T14:26:35","slug":"laurene-powell-jobs-gains-majority-stake-in-the-atlantic-magazine","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/laurene-powell-jobs-gains-majority-stake-in-the-atlantic-magazine\/","title":{"rendered":"Laurene Powell Jobs Gains Majority Stake in ‘The Atlantic’ Magazine"},"content":{"rendered":"

Atlantic Media chairman David G. Bradley today announced<\/a> that Emerson Collective<\/a> is obtaining a majority stake in The Atlantic<\/em> magazine.<\/p>\n

\"\"<\/p>\n

Steve Jobs and Laurene Powell Jobs<\/em><\/center>
Emerson Collective is an educational and philanthropic organization co-founded by Laurene Powell Jobs, the widow of Apple’s late Steve Jobs.<\/p>\n

Bradley will retain a minority stake in The Atlantic<\/em> and will continue as chairman and operating partner for at least three to five years, at which point Emerson Collective may assume full ownership of the magazine.<\/p>\n

The Atlantic<\/em> is a monthly magazine with coverage areas ranging from politics and art to business and technology. It was founded in 1857 as The Atlantic Monthly<\/em> in Boston, Massachusetts. The Atlantic<\/em> also publishes on the web.<\/p>\n

Bradley reported to his staff that he and his advisers had compiled a list of 600 potential investors, but ended up approaching only Powell Jobs as a potential partner, due to her ambition and presumably her philanthropic efforts as well.<\/p>\n

In a statement, Powell Jobs praised The Atlantic<\/em> for the breadth and scope of its purpose: to “bring about equality for all people; to illuminate and defend the American idea; to celebrate American culture and literature; and to cover our marvelous, and sometimes messy, democratic experiment.”<\/p>\n

Atlantic Media did not disclose how much Powell Jobs invested to gain a controlling stake in the magazine. At this time, the deal does not affect Atlantic Media’s other brands, including Quartz<\/em>, Government Executive<\/em>, and National Journal<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Atlantic Media chairman David G. Bradley today announced that Emerson Collective is obtaining a majority stake in The Atlantic magazine. Steve Jobs and Laurene Powell JobsEmerson Collective is an educational and philanthropic organization co-founded by Laurene Powell Jobs, the widow of Apple’s late Steve Jobs. Bradley will retain a minority stake in The Atlantic and […]<\/p>\n","protected":false},"author":5817,"featured_media":371847,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[25],"tags":[68,69,59,26],"class_list":["post-371846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple","tag-macrumors","tag-media","tag-technology"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/371846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/users\/5817"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/comments?post=371846"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/371846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media\/371847"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media?parent=371846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/categories?post=371846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/tags?post=371846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}