Media Minutiae: The "One Music Magazine For Sale, In Good Condition — Slightly Used" Edition

  • Folio: breaks the news that the sale of Spin is done. The buyer, as reported originally by WWD is Hartle Media, the California-based publisher of 7×7 (a San Francisco city title) and California Home & Design. The price tag is the still-somewhat-shocking $5 million, which reportedly reflects an annual loss of about $3 million, and is one-twentieth the price that Quincy Jones was rumored to still be willing to pay parent Miller Publishing for both Vibe and Spin last fall.
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