SpinMedia buys Vibe magazine and websites

SpinMedia has bought Vibe in a deal that could prove to be the end of the print edition of the famed hip-hop culture magazine.Vibe magazine was founded in 1993 by legendary producer Quincy Jones. The company has changed hands several times and like many publications, has turned its focus to its online business as the popularity of print products has faded among consumers.Under the terms of the deal, digital media company SpinMedia will acquire Vibe.com, Vibevixen.com and the print rights to Vibe magazine. Financial terms were not disclosed.SpinMedia, previously known as Buzzmedia, owns a number of pop culture brands such as SPIN, Celebuzz, The Frisky and Buzznet. The company did not say in a news release if it would close Vibe's print publication, but indicated its focus would be on building Vibe's digital business.A representative for SpinMedia could not be reached immediately for comment Thursday.Vibe could follow the path of another landmark music magazine, SPIN, which Buzzmedia acquired last year and subsequently halted print production, opting instead for an online-only presence.Vibe Media CEO Ari Horowitz said in a statement that the company made huge strides developing Vibe as a digital and mobile property over the past year, having doubled its online traffic."Joining with SpinMedia will enable Vibe to continue to evolve and grow as a vibrant digital media brand," he said.Vibe was shut down abruptly in 2009 due to drop in advertising revenue that has killed many... Continue reading at 'Crains New York'

[ Crains New York | 2013-04-26 00:00:00 UTC ]
News tagged with: #online business #print products #print rights #news release #print publication #online traffic #advertising revenue

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Vivendi in negotiations to buy Editis

French media, content and communications group Vivendi has begun exclusive negotiations to buy Editis, France's second largest book publisher, from Grupo Planeta of Spain. Continue reading at The Bookseller

[ The Bookseller | 2018-08-02 00:00:00 UTC ]
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Davler Media Acquires Another Local Parenting Magazine

Davler Media has acquired the 29-year-old monthly Staten Island Parent magazine from founding publisher Roselle Farina-Hecht, growing its NYMetroParents portfolio to comprise eight local magazines and "completing its footprint" in the greater New York City area, according to an announcement... Continue reading at Folio Magazine

[ Folio Magazine | 2018-07-30 00:00:00 UTC ]
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Octopus buys art and science book to wax lyrical over the Moon

llex Press has acquired "a rich and curious history" of the Moon and what it means to humanity by Alexandra Loske and Robert Massey. Continue reading at The Bookseller

[ The Bookseller | 2018-07-28 00:00:00 UTC ]
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Q&A: Hearst Magazines’ New President Troy Young On What Print Means to the Company

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[ AdWeek | 2018-07-26 00:00:00 UTC ]
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‘Be uncompromising, be unique’: Hearst Magazines’ new president Troy Young

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[ Digiday | 2018-07-26 00:00:00 UTC ]
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Q&A: New Hearst Magazines President Troy Young on what he's learned and what's next

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[ Advertising Age | 2018-07-26 00:00:00 UTC ]
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Troy Young Replaces David Carey as Hearst Magazines President

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[ Folio Magazine | 2018-07-25 00:00:00 UTC ]
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Troy Young named president of Hearst Magazines

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[ Advertising Age | 2018-07-25 00:00:00 UTC ]
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[ Advertising Age | 2018-07-25 00:00:00 UTC ]
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[ The Bookseller | 2018-07-24 00:00:00 UTC ]
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[ Publishing Perspectives | 2018-07-23 00:00:00 UTC ]
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[ Advertising Age | 2018-07-23 00:00:00 UTC ]
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[ Folio Magazine | 2018-07-05 00:00:00 UTC ]
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