After Vibe magazine announced that it would be closing its door yesterday, music icon, Quincy Jones, is trying to buy the company back. Jones sold Vibe to Wicks Group in 2006.
It's no secret that print media is a dying breed, so Jones will mostly likely place more stock in the website which is still profitable. “Print and all that stuff is over, we gotta remember that,” Jones said. “The Chicago Tribune, The Seattle Post Intelligencer. The Miami Herald. They’re over the same way as the record business. We have got to get into this century.”
SOURCE: http://livesteez.com/news/read/Quincy-Jones-Stepping-in-to-Save-Vibe-Magazine/2057.html
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