We all remember Vibe magazine growing up. It grew with us as adults and now its time has come. Yes Vibe readers, the recession has taken down one of the most respected Magazine Hip Hop had to offer Vibe magazine.

Danyel Smith, Vibe’s former Editor-in-chief released this statement, further confirming reports of the mag’s closing: “On behalf the Vibe content staff (the best in this business), it is with great sadness, and with heads held high, that we leave the building today. We were assigning and editing a Michael Jackson tribute issue when we got the news. It’s a tragic week in overall, but as the doors of Vibe Media Group close, on the eve of the magazine’s sixteenth 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 who continue to love the Vibe brand. We thank you, we have served you with joy, pride and excellence, and we will miss you.”