In June we reported the closing of Vibe Magazine, but we are now happy to announce that a deal to buy Vibe Magazine from debt holders CapitalSource has been completed.
It is said that Vibe will now be published four times a year, but there hasn't been any solid confirmation as yet, but I'm sure all will be revealed soon.
It's great that Vibe has been revived from the dead in a time where many publications are shutting down.
Let's just hope Vibe can stay afloat!
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