What made Vibe Magazine decide to close?
Vibe magazine has announced today that it will be closing its doors for good. Vibe magazine announced to its staffers that it would be closing immediately. Steve Aaron, a former CEO of Vibe Media Group, posted a note on Gawker stating the reasons for the magazine’s decision. The note blamed the shaky music industry, declining advertising sales and the market. “Vibe will be remembered as a shockingly brilliant content company that everyone can be proud of and I look forward with great excitement to all of future endeavors you all pursue,” wrote Aaron. Vibe has been one of the long-running magazines to be printed and has sadly fallen victim to the recession. Editor-in-Chief, Danyel Smith, has made the official statement on the closing of the magazine, expressing his feelings towards the decision. Smith stated, “On behalf of the VIBE CONTENT staff, 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
Vibe Magazine To Close Down Immediately Vibe, one of the nation’s leading popular music magazines, is closing immediately, a spokeswoman said Tuesday. Word was broken early this afternoon by the Web site daily finance.com and spread to other music and media news sites. The spokeswoman, Tracy Nguyen, said the Vibe staff would be formally notified in a meeting at 2 p.m. She said she did not know how many people would be laid off as a result of the closure. The closure of Vibe leaves just two large-circulation music magazines, XXL and The Source, focusing on hip-hop and R&B. The Source has had its own troubles, going through a bankruptcy and emerging under new ownership last year. A rock-focused magazine, Blender, folded last year. In a memo to staff members announcing the closure, Steve Aaron, chief of the Vibe Media Group, wrote that for months, the company tried in vain to either find new investors or “to restructure the huge debt on our
