Pearson said the industry's volatility threatens virtually every format - except those that trade on star power. Today, the only successful magazines have a celebrity's name on it. Look at Oprah. Ashley and Mary Kate Olsen will have a magazine soon. Johnson stresses that Savoy has no intention of being the new voice for all of black America, just a certain part of it.
Household incomes are up.
We are having an impact on many industries, and we have affected cultural change. Nothing is perfect, but if you step away from the troubles, we have done a lot. Savoy wants to reflect that. Curry says he is developing a magazine called Clarity, which will be much like his old publication, but with an even sharper approach. Although he has the support of many of Emerge's former writers, Pearson included, he says he is still raising money.