Vibe Magazine Closing Down

Continuing an unfortunate trend in print publishing, Vibe Magazine is closing its doors after sixteen years of publication.
From 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 an assistant in the office of editor in chief Danyel Smith confirmed the news. No further information was immediately available. A call to Vibe Media CEO Steve Aaron was not immediately returned, nor was a message left for Smith.

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.

Comment by KYMEANGUTTER on July 1, 2009 at 1:23am: AMAN THIS IS SAD THEY CLOSING DOWN VIBE ON TOP OF THAT THEY TRYING TAKE AWAY ARE RADIO STATIONS NEX THEY GOING KNOCK ALL SCHOOL'S DOWN SOMETHING DUMB HEY! YOU CAN'T EVEN WATCH TELEVISION WITH OUT SOME LUSEY OLE BOX THESE ARE THINGS "BARACK OBAMA"SHOULD BE ON TOP OF NOW I CAN'T TAKE NOTHING AWAY FROM MR.PRESIDENT YEAH MAN IN THIS CRAZY WORLD IT'S A COINSIDENT I'M WORKING ON A MAGAZINE WELL IGOT PLANS ON IT WHAT'S HAPPENING

Comment by Santo "masquetu" Domingo on July 1, 2009 at 3:40am: THATS SUM SHIT. With a "F.E.D.S." Magazine or a "XXL" and other publications in the print media its HARD for everybody to "EAT".