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.

SIX FLAGS: NO FLAGS. NO FUN!

All your roller coaster fanatics in the Northeast, your heart may hurt after reading this.

Six Flags Inc has declared bankruptcy as of Saturday after the company had been trying to clear their multi-billion dollar debt without having to go to court.

What may have lead to this??? Blame the recession.


Or you can blame the new management that took over the company in 2005. The new team began to restructure the parks, had New Yorkers and New Jersey people saving their Coke cans to get in free or half priced, sold ten parks, laid off 300 employees and added more costumed characters to the park, banned smoking and tried to get more visitors by bringing back Mr. Six "the old man".


Six Flags's CEO Mark Shapiro said, “The current management team inherited a $2.4 billion debt load that cannot be sustained, particularly in these challenging financial markets."


See ya Six Flags. It was fun puking from your rides and spending hundreds of dollars to skip lines and buy food.