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Vibe Magazine Shutting Down
“Music mag Vibe is folding, according to internal memos issued to the staff on Tuesday by editor in chief Danyel Smith and Steve Aaron, former CEO of the Vibe Media Group. ‘It is with great sadness, and with heads held high, that we leave the building today,’ wrote Smith. ‘We were assigning and editing a Michael Jackson tribute issue when we got the news. It’s a tragic week overall, but as the doors of the Vibe Media Group close, on the eve of the magazine’s 16th anniversary, it’s a sad day for music, for hip hop in particular, and for the millions of readers and users who have loved and continue to love the Vibe brand.’” Link
Gisele Bundchen Magazine Covers Don't Sell
“The May Vanity Fair, which featured a bare-bodied Gisele, standing sideways with a come-hither look, sold only 280,000 single sale copies, the lowest total for the magazine in nearly two years, according to the Audit Bureau of Circulations Rapid Report. Harper’s Bazaar’s April issue, meanwhile sold only 132,000 copies, its lowest total of the year and its lowest since November 2008, when Drew Barrymore was on the cover. Harper’s Bazaar has averaged about 155,000 single copy sales this year, and Vanity Fair has averaged 342,000.” Link