SpinMedia, Which Bought and Folded Spin, Just Bought and Folded Vibe
Make that two. SpinMedia (formerly known as Buzz Media) has now bought two iconic music publications and quickly folded their print editions. The company announced today that it had purchased Vibe, and as part of the deal, the magazine would cease to exist. Vibe will continue as an all digital publication. Late last year, SpinMedia did the same thing with Spin.
SpinMedia’s official statement implied that this is what Vibe readers want. They’re accessing the magazine online and through their phones, the company said.
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