VIBE Magazine, one of the biggest music magazines in America, is folding.
It was essentially the black version of Rolling Stone, and its readership grew broader as hip hop became pop music. (Kind of fitting that their last issue had Eminem on the cover.) But Vibe hasn't been doing well for a while now; in February, the magazine cut its circulation, frequency and salary. Now the music industry is crumbling, and the magazine industry is crumbling, and the music magazine industry is really crumbling. Sigh...
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