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http://www.dailyfinance.c...-magazine-shutting-down/
Vibe magazine shutting down
Vibe magazine, the urban-music magazine founded in 1993 by Quincy Jones, is the latest victim of the media recession. Multiple sources both within and outsidethe magazine confirmed that it is shutting down. Reached for comment, chief financial officer Angela Zucconi said, "We will be making a statement by theend of the day. That's all I can say at this point." She referred further questions to CEO Steve Aaron, who was not immediately available. Messagesleft for editor in chief Danyel Smith and publishers Edgar Hernandez were not immediately returned. Vibe enjoyed significant success in the late '90s andearly 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 timesunder its new owner, the Wicks Group, which bought it in 2006. In February, it reduced its circulation and publishing frequency, cut salaries and movedemployees to a four-day workweek to save money.
http://www.dailyfinance.c...-magazine-shutting-down/
Vibe magazine shutting down
Vibe magazine, the urban-music magazine founded in 1993 by Quincy Jones, is the latest victim of the media recession. Multiple sources both within and outsidethe magazine confirmed that it is shutting down. Reached for comment, chief financial officer Angela Zucconi said, "We will be making a statement by theend of the day. That's all I can say at this point." She referred further questions to CEO Steve Aaron, who was not immediately available. Messagesleft for editor in chief Danyel Smith and publishers Edgar Hernandez were not immediately returned. Vibe enjoyed significant success in the late '90s andearly 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 timesunder its new owner, the Wicks Group, which bought it in 2006. In February, it reduced its circulation and publishing frequency, cut salaries and movedemployees to a four-day workweek to save money.
