Paste Magazine (whose tagline was "Signs of Life in Music, Film & Culture") folded suddenly a couple days ago.
Yesterday its employees were apparently given two hours to clean out their offices, after which a few of them took to Twitter to share their pain and look for jobs. There but for the grace of our advertisers go we, etc.
Paste says they're going to have a go at a web-only edition. The newsstand is fast becoming a desolate place.