More black women are in the professional-managerial field, and they don't want to look like the guys sitting next to them in pinstriped suits.

The bitter might be just an initial reaction of, 'Oh my goodness, it's sold,' but not really understanding fully that I will be chairman emeritus of the new company, which is Ebony Media Operations. It is African-American led and owned, and I have a seat on the board, and I also have an equity position in the company, so I'm still there.

I think you will find that a lot of young African-Americans are really searching for, 'Who am I?' and 'Where did I come from?' and 'What is my past?'

Almost 63 years ago, my father, John Johnson, named the publication 'Jet' because, as he said in the first issue, 'In the world today, everything is moving faster. There is more news and far less time to read it.' He could not have spoken truer words. We are not saying goodbye to 'Jet'; we are embracing the future as my father did in 1951.