I've reported numerous times in the past that Vibe Magazine was on it's way out ( PROOF). It's unfortunate that a historical magazine like this was being run into the ground for the past 2 years by those who were in charge. For some of us in this music industry who are in a position to make big decisions, let this be a lesson learned. With the current climate of the music industry and the economic crisis we're facing, now is not the time for the leaders in this business field to use their personal judgements, biases, relationships and what you think is cool to affect your readership. For example just look at their list of the top 50 blog sites (PROOF) .This is why you have a staff...maybe next time you will listen to them...
"No worries Danyel....I know you have a position waiting for you at Trash Radar...I heard Elliott is looking for a new intern."
According to the Daily Finance:
Vibe magazine, the urban-music magazine founded in 1993 by Quincy Jones, is the latest victim of the media recession. A source with knowledge of the situation tells DailyFinance that the staff has learned the magazine is ceasing publication, and assistants in the offices of editor in chief Danyel Smith and publisher Edgar Hernandez confirmed the news. No further information was immediately available. Messages left for Smith, Hernandez and Vibe Media CEO Steve Aaron were not immediately returned.
Vibe enjoyed significant success in the late '90s and early part of this decade as hip hop and R&B became the nation's predominant forms of pop music. But in recent years the title has fallen on hard times under its new owner, the Wicks Group, which bought it in 2006. In February, it reduced its circulation and publishing frequency, cut salaries and moved employees to a four-day workweek to save money.
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