One of the biggest and most influential music magazine in the world is closing, yes, Vibe Magazine, it is official now, it will not yet being revealed of the amount of people that are going to be laid off because of this recent development.
The news shows how much the print advertising has been hit, especially with this economic downtime, most of their advertisers have either stopped advertising or gone out of business..
Is the print industry gone forever, what do you think?
Losing of the music most influential magazine company??