The
New York Blade
, one of two major LGBT newspapers in New York City, has
suspended publication, reports
The New York Times.
Matthew Bank, the CEO
of HX Media, which publishes the
Blade
, expressed hope that the free biweekly newspaper could still
return. "It doesn't have an issue scheduled until a week from
Friday," Bank told
The New York Times
. "There are a lot of things that can happen between now and
then."
The suspension comes on
the heels of news that
HX
magazine, a gay nightlife glossy also owned by HX Media, was
sold to undisclosed buyers.
Bank attributed the
problems to the advertising climate. The recent gay pride issue
of the
Blade
was a slender 28 pages.