Blender Magazine called it quits this morning, reports Gawker, laying off 30 writers and editors and completely folding up the magazine.
The magazine was sold in 2007 for a quarter of a billion dollars, and it seems that was the perfect time to get out. Heavy debt and not enough income from paid subscriptions and ads art to blame for Blender's demise.
This leaves Rolling Stone and Spin as the only two really major music magazines out there. Happy reading!