Vibe magazine is ending after 16 years. Unfortunately they had some financial troubles. Steve Aaron, Vibe Media’s chief executive officer, said the inability to receive additional financing to “restructure the huge debt on our small company” and the collapse of fashion, automotive and multicultural advertising were the main reasons for the magazine’s collapse. If you are an avid reader of the magazine you probably noticed the decrease of the magazine. The magazine started in 1993 by Quincy Jones and had a spin-off magazine called Vibe Vixen (that did not last to long, folded in 2007). I remember Vibe being one of the biggest hip hop magazines out there! Now it is being taken away from our African American generation! What a shame, people from Justin Timberlake, to T.I., and even President Barack Obama appeared on the cover of Vibe magazine. So will you miss Vibe magazine? Comment in the comment section below!
Source: wwd.com
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