Via Tiny Mix Tapes:
"The much speculated future of Spin magazine was answered Tuesday. According to the New York Post, Spin was sold for the shocking bargain-basement price of $5 million. (To put this in perspective, TMT is worth over $15 million.) The struggling brand was purchased by the San Francisco-bsed McEvoy Group and Hartle Media. The outgoing owner, Miller Publishing's CEO Robert Miller, will keep control of the hip-hop mag Vibe, for now, at least, which is also partly owned by Quincy Jones."My question is: who cares?! Wait, I guess I do since I'm posting about it...but really, anybody out there still have a subscription to Spin? Does the magazine have a future? Does print media have a future?