The popular music mag is calling it quits after more than a decade-and-a-half of publication. Founded by
Quincy Jones in the early '90s,
Vibe was a leader in urban news and entertainment. But despite a banner decade, which coincided with the stratospheric rise in popularity of R&B and hip-hop at the time, the magazine had fallen on hard financial times of late. According to
The New York Times,
Vibes's closing down is to be immediate.