Keith Clinkscales, who came to visit us at the show when he was with Vibe, had to shut down his company this week, and three well-known Black magazines are going down with it:
The morning newspapers lay at the entrance to Vanguarde Media yesterday in an unread stack - a grim reminder that the staffers won't return.
The 80 journalists and salespeople faced a cold Thanksgiving after being cut loose on Tuesday, when Vanguarde said it would file for bankruptcy.
Its three black-oriented magazines - heart & soul, Honey and Savoy - were shut down, the victims of a tight ad market and tighter investor dollars.
Keith Clinkscales, the former Vibe executive who founded Vanguarde in 1999, slumped in a conference room as he expressed his disappointment...
FOOTNOTE: That header was a quote from the poem "Asali" by Henry Dumas.
Posted by jsmooth995 at November 30, 2003 11:50 PM
