Magic Johnson's Business Ventures

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Vibe Holdings

Magic Johnson Enterprises and Ron Burkle’s Yucaipa Companies made a strategic investment in Vibe Holdings LLC that is expected to help “invigorate” and bring new energy to the company, which owns VIBE magazine and Soul Train. In his new role as chairman of Vibe Holdings, Johnson is expected to use his extensive business connections to create new partnerships.

(Photo: Francis Specker /Landov)

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