Urban Radio Nation

Johnson, 50, would fold the publisher into Magic Johnson Enterprises, said a person with experience of the discussions. The firm he established while a player with the Los Angeles Lakers has partnerships with Starbucks Corp. 24 Hour Fitness Worldwide. And T. G. I. Friday's. Ad revenue at Ebony declined 38 percent to $35. 5 million last year on a 39 percent drop in ad pages, according to Publishers Information Bureau.