Following yesterday's news that New York's nightlife local HX was sold to an undisclosed buyer, another casualty: the New York Blade has now suspended publication:
"The Blade, a biweekly paper with a free circulation of 22,000, was left with an uncertain future. 'It
doesn’t have an issue scheduled until a week from Friday.' [CEO Matthew] Bank
said. 'There are a lot of things that can happen between now and then.' The
decision to suspend publication comes at a particularly active period
for journalism concerned with gay issues: the 40th anniversary of the Stonewall riots and the gay pride parade on Sunday, the proposed same-sex marriage bill in the State Senate and discontent over the Obama administration’s performance on gay-rights issues."
Added Bank: "Everyone was let go, but the people on The Blade know that they may come back if The Blade is coming back."
