Tuesday, May 7, 2013

VIBE MAGAZINE PURCHASED AND WILL BE DIGITAL ONLY

SpinMedia, the company formerly known as Buzz Media that includes a number of websites including Spin magazine, has bought Vibe, the hip-hop/R&B magazine founded by Quincy Jones and Time Warner in 1992. SpinMedia has acquired the rights to Vibe’s print magazine as well as to its related sites, Vibe.com and Vibevixen.com, from Vibe Media for an undisclosed price, the company announced on Thursday. Since then, the site’s online traffic has doubled, and Hansen told the New York Times that he has no plans to revive the magazine at present and Vibe’s print magazine will probably shut down later this year.
(link below)
http://www.hollywoodreporter.com/news/vibe-magazine-purchased-by-spinmedia-446729

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