Winning bid for Ebony and Jet magazine photo archives comes in at $30 million

Automatic TRANSCRIPT

Group of philanthropists have purchased the historic photo archives for ebony and jet magazine's for thirty million dollars a consortium of foundations led by the J. Paul Getty trust plans to donate the archives to the Smithsonian national museum of African American history and culture other institutions to the archives include photos of Muhammad Ali Martin Luther king junior and Billie Holiday they were auctioned off by ebony's former parents company which recently filed for

Coming up next