American Legacy Magazine Announced End Of Partnership With Forbes Magazine

RJR Communications, Inc. the parent company of American Legacy Magazine announced the end of a nearly decade-and-a-half partnership with Forbes magazine. “Since the magazine was launched in 1995 Forbes has held a stake in the publication”, said Rodney J. Reynolds, founder and publisher of the American Legacy.

“After much consideration, both companies agreed back in January that it was in our best interests to end the partnership to focus on each company’s individual priorities and objectives,” stated Mr. Reynolds. 

Since the separation and with the unwavering support of its advertisers the publication has seen more opportunities, but also more challenges at a time when the nation is focused on the economic conditions of the world and a battered economy. Through it all, RJR Communications takes pride in being able to continue delivering a quality magazine. The first issue published under RJR Communications (Summer 2009) is available on newsstands now.

Looking ahead, Mr. Reynolds’ is confident that American Legacy will continue to transform the information and entertainment landscape, from the company’s quarterly publication to its specialty products to the online site; he’s excited about the new opportunities in store for the company especially with its newest product “The Know Your History Game” the family board game about African American history and culture; to the company’s “Black History Curriculum Guide” – a resource for educators seeking to integrate multicultural studies into their curriculum in the classroom. 

“Our partnership with Forbes magazine was very rewarding. Together we produced an informative and educational product that has provided a fuller view of African American history and culture. Forbes was a great partner.” said Reynolds. “What should our readers and advertisers expect as the company enters ‘Life without Forbes?’ No one can predict the future with confidence, but my hope is that the work of this organization will be, and will be perceived to be essential – not peripheral to the progress of African American history, culture and also society as a whole,” Reynolds concluded. 

Mr. Reynolds notes that change provides new opportunities for American Legacy and encourages anyone interested in learning more about ownership and investment opportunities to contact him. “While these are very challenging times in our industry, these are also exciting times for our magazine and brand” said Reynolds.

American Legacy is proud of its commitment to serving the needs of the people. Working hard to build and maintain a bond of trust with its customers, readers and investors and maintaining that trust is of utmost importance as RJR Communications, Inc. remains a company formed in the public’s interest. 

American Legacy is distributed nationwide to over 2.05 million readers through black churches and educational and cultural institutions and is also available on newsstands and through paid subscriptions.

SOURCE: RJR Communications