Radar Folding? [Updated] Magazine Folds, AMI Purchases Website

Gawker is reporting (and FBNY has also heard separately from sources within) that Maer Roshan’s multiply-launched magazine Radar is folding. The magazine, which pubbed at varying degrees of frequency, and was rumored to have been funded (at least in its later incarnations) by Ron Burkle, never really gave the impression that it was on solid ground. So in the current economic environment the news comes as no real suprise.