Huge bummer for the recently rallying gang. Full story at the New York Times:

Two weeks after its takeover by an online media company, Spin magazine’s future as a print publication was cast further into doubt on Friday when 11 employees — a third of the staff — were laid off and publication plans for the bimonthly magazine were suspended.

The next issue, dated September/October and featuring the rapper Azealia Banks on the cover, will come out in late August. But according to a statement on Sunday by Spin’s new owner, Buzzmedia, there will be no November/December issue while the company figures out what form a printed Spin might take given the magazine’s expansion online.

Read the original report at Billboard.biz:

SPIN Magazine today laid off a number of staffers. Sources told Billboard today that key editorial staffers such as SPIN Magazine editor-in-chief Steve Kandell, associate editor Melissa Giannini and Spin.com news editor Devon Maloney were laid off, as well as a number of staff members in the photo and production departments.


BuzzMedia Will Indeed Be Buying Spin…

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