Jun 30, 2009

VIBES MAGAZINE FOLDS



This recession is the real deal Holyfield. Vibe Magazine has folded.


The magazine was founded in 1993 by entertainment mogul Quincy Jones but was taken under control by new management in 2006. At its peak, the periodical reportedly boasted a circulation of over 800,000.


Veteran Editor-in-Chief Danyel Smith and
publisher Edgar Hernandez’s were told of the news today and sources confirmed the shut-down. Since early this year, Vibe's circulation numbers dropped, they cut salaries, had layoffs and changed the work week to 4 days to in an effort to save money.


Danyel Smith issues this statement:


On behalf the VIBE CONTENT staff (the best in this business), it is with great sadness, and with heads held high, that we leave the building today. We were assigning and editing a Michael Jackson tribute issue when we got the news. It’s a tragic week in overall, but as the doors of VIBE Media Group close, on the eve of the magazine’s sixteenth anniversary, it’s a sad day for music, for hip hop in particular, and for the millions of readers and users who have loved and who continue to love the VIBE brand. We thank you, we have served you with joy, pride and excellence, and we will miss you.




Rap Radar got a hold of the final issue for Vibe and The Dream & Christina Milian graces the cover. It' s reminiscent of Janet's Rolling Stone issue back in the day?? You guys remember?? How could you not!


We'll remember your Vibe. It was the magazine of the 90's and was dubbed the black Rolling Stone in it's days.


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