May 11, 2009

Vibe Magazine Files for Bankruptcy? A Victim of an Internet Blogger

IS Vibe magazine a victim of the recession or the Internet? The following post can be found all over the Internet, but I have no idea who originally authored this post. Therein lies the problem, how do you separate fact from fiction, journalism from gossip, truth from lies? Is Vibe really filing for bankruptcy? Who knows? Whatever the truth is; it's out there... and Vibe Magazine seems to be another victim of the same problems that many daily newspapers are facing with competition from the Internet.

Vibe Magazine Makes A Statement "Bankruptcy Rumors False" - Accusation Made by Disgruntled Blogger

Global Grind, Bossip and other Hip-Hop/Gossip sites ran this post, that has now virtually disappeared from the Internet:

According to inside sources, Vibe Magazine is almost on the way out. Vibe's long-run in the game looks to be coming to an end. Sales and subscriptions have been at an all-time low for the past couple of months. Vibe Magazine used to be a staple in the hip hop community, but ever since Editor-in-Chief Danyel Smith took over, the ship has been slowly sinking. I think we could say that she is single handedly responsible for Vibe Magazine falling apart. Recently, a story was published in Vibe which listed the Top 50 Hip Hop Blogs out today. If you look at their list, it's clear to see that Vibe has NO CLUE what the kids are looking at.

Ever since Danyel took over it seems like Vibe is detached with what's going on in the entertainment world. A magazine that started out as something that hip-hop fans could be proud of has quickly turned into a magazine hip hop fans are ashamed of. It's a sad day when Vibe Magazine has approximately 130 pages and 70 of those pages are advertisements. As a loyal reader of Vibe magazine, who has followed it and watched the magazine grow for the past couple of years, I hate to say it, but Vibe is on the way out.

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