Tim, it looks dead.
I was out inspecting my magnolia edith bogue today and noticed it looked rotten in some areas. Well, most the "flexible" buds broke right off and everything was brown/mushy inside. I did some research on how to find live material on woody plants, and I guess if you scrape the bark and it's green underneath it's alive ... I did that and cut it back to live tissue. It now looks like this.
You can see some green underneath here.
However, even though you see green in the previous pic, there is bark/wood death below that on the main stem.
Closeup.
The bottom 18-24" of the tree looks fine without any of the black bark. However, if I cut it that far down, I don't know if it will even resprout?? I've never had this tree before so I don't know if you can hack it way back like some bushes. If it does need to be hacked back, I guess it should be done before it spends too much energy trying to leaf out on diseased parts ...
I'd have to make the cut at the red arrow. The wood below the red arrow is alive... above has a mixture of alive and those black dead marks ...
