Magic Johnson buys stake in VIBE magazine

By The Hip Hop WriterHip Hop Vibe Staff WriterIn the time since he retired from the NBA, Magic Johnson has become a successful businessman. Johnson is always looking for new ventures to invest in. Late in 2009, there were rumors of Magic Johnson entering the publishing business.A little over a year later, Magic Johnson is indeed in the publishing business, but it is not Ebony. Instead, Magic