Gawker reported today that it heard from inside sources that Paste Magazine would be shuttering. “They announced it internally yesterday in an afternoon meeting, giving employees approximately… two hours notice,” the insider told the site. The news was reiterated by staff members’ own Twitter posts, most looking for leads on work.
Like many print publications, the Georgia-based music and pop culture magazine had struggled in recent years, with declines in advertising affecting its bottom line. Last year it launched the Save Paste campaign, asking for donations from its readers to help them stay afloat. The campaign worked for the short term, but apparently wasn’t enough to get the magazine back on track. The magazine recently announced that it was sponsoring a tour with Jason Isbell and the 400 Unit, Langhorne Slim, Jesse Sykes and Phil Wandscher, and the Mimicking Birds to take place in October. It remains to be seen how the closing will affect the tour.
Fuente: LimeWire Music Blog