Remember this cover?
Well guys, looks like Vibe Magazine is closing it's doors.
The popular urban magazine, founded by music legend Quincy Jones in 1993, issued a statement to the press today:
"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," said Danyel Smith, former Chief Content Officer of Vibe Media Group and Editor in Chief of Vibe.
More of the statement is inside...
"We were assigning and editing a Michael Jackson tribute issue when we got the news," Smith said in a statement released to AllHipHop.com. "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."
It's said that because of the reduction in ad pages which are a major support for magazines, Vibe had a major decrease in funding and circulation. Employees had already been put on a four day workweek along with other cuts to save money. They had also scaled back to 10 issues per year. (AHH.com)
But hopefully, Vibe the online site can continue to grow and it can just be vibeonline.com!
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