Weekly World News Shutting Down

While it isn't strictly a genre publication, and it does bill itself as "The World's Only Reliable Newspaper," the editor has decided that this announcement does fall within SFScope's purview:

American Media has decided to suspend publication of Weekly World News, both the print publication and the web site. No reason was given at press time, although reliable sources do tell us that management turned down at least one offer to buy the publication.

The weekly supermarket tabloid—known as the home of "Bat Boy" and other less-than-probable stories—has long had staffing connections with the science fiction, fantasy, and horror fields.

[Edited on 22 July to note that this article has more color on the news.]