Tuesday, June 30, 2009

When Will It End? Vibe Folds

Gawker: "Vibe Magazine—one of the biggest music magazines in America—is folding. The entire music magazine landscape is full of the dead and dying. It was essentially the black version of Rolling Stone, and its readership grew broader as hip hop became pop music. But Vibe hasn't been doing well for a while now; in February, the magazine cut circulation and frequency and salaries. Now the music industry is crumbling, and the magazine industry is crumbling, and the music magazine industry is really crumbling. The recent dead include Radio and Records, Performing Songwriter and Blender."

In addition, Gawker reports that Gannett, America's largest newspaper publisher, will lay off 4,500 staffers next week.

Sure is damn satisfying to be a journalist.

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