Great news for the looney left.

This time next year, there won't be anything recognizable left of them.

The writing has been on the wall for some time.  Over the last few years, the staff numbers have decreased about 60%.  (They're at about 40 now)  It's been a dirty little secret (no pun intended) but the sex ads literally carried the paper for a long time.  When they disappeared, so did a good chunk of revenue.

As pointed out, the value in the company is its readership base.  Everything else can go out the window.  The problem with their readership is, they can be fickle and will jump once _their_ paper gone.

Stick a fork in them.  They're done.
 

Many years ago, the joke was that Later is the one that comes out later on.
Here we are, years later and it's still coming out later on... (great joke!  )

NOW has devoted considerable space and effort the last few years to reporting on and very decidedly championing MJ legalization and its local / decentralized / micro-level distribution and sale. This may fit very well in this regard. There may be considerable cross-branding, advertising and other marketing opportunities. Also appears Alice Klein is staying on board to at least assist in the transition. That's vital given the new owner is a market newbie. Certainly the mag has been struggling financially for a lot of reasons - an end to the adult ads, the usual 'online-digital versus print' challenges among them. Curious what the operating costs are and how they break down (staff, printing, circulation, online, etc).

Radiowiz wrote:

Peter the K wrote:

It's been a dirty little secret (no pun intended) but the sex ads literally carried the paper for a long time.  When they disappeared, so did a good chunk of revenue.
Stick a fork in them.  They're done.
 

I highly doubt they're done IF ads for cannabus stores can make up for any difference. 
(now that it's legal to advertise...)

Cannabus ...  Like The Who's Magic Bus