SPIN Magazine lay off staff, cancel upcoming issue

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SPIN Magazine have announced they have been forced to lay off numerous staff members, cancelling an upcoming issue in the process.

The November/December issue has been confirmed to be dropped in the aftermath of the publication’s recent buy-out by Buzzmedia.

The New York Times have also reported that 11 members of staff (1/3 of all employees) will lose their jobs. These include Editor-In-Chief Steve Kandell.

Despite this, the September/October issue will still go ahead and hit the shelves in August.

A statement from Buzzmedia reads as follows:

“Buzzmedia and Spin are committed to moving forward with print, but we are still determining exactly how print fits in with Spin’s multiple distribution points and growth initiatives.”