Urban pop culture magazine Vibe has gone through many different owners over the years. Its current owner Spin Media which has been struggling to get its footing and has burned through four CEOs in the past 2 years, has decided to pull the plug on Vibe's print edition. Rumors of this first surfaced when Spin purchased the magazine back in 2013. Naturally at the time said rumors were shot down by Spin's leadership, but everyone knew it was inevitable. Spin Media's current and 5th CEO Stephen Blackwell hinted at this when he first was first appointed,and officially confirmed it in a phone call with
CapitalNY.
Said Mr. Blackwell:
"When I look at what was going on here prior to my tenure, I think that
some of the resources...if we're directing resources toward print, that
intrinsically means that we're directing resources away from digital.
I'm here to commit to directing all of our resources toward the digital
side of Vibe."
