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 dailyfinance.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 one large-circulation music magazine, 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.
Strange to think that, out of all the different "hip hop mags" out there, The Source is the one to survive. Benzino damn near killed it with his own personal vendettas and nonsense years ago, but yet it has outlived even Vibe.
The full article can be read here.
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