Variety Asia is the latest victim of the global media crisis. Editor-in-chief Patrick Frater and Marcus Lim, the Web editor and Hong Kong correspondent, are among the workers kicked to the curb.
They make it official in a notice today.
The shutdown means the Variety Asia Online website will no longer be updated, its RSS feeds will go dead and its helpful daily e-mail newsletter will no longer be sent.
Grady Hendrix' Asian film blog, Kaiju Shakedown "will no longer be updated under the aegis of Variety Asia". Whatever that means.
Hints of Variety Asia's demise was first mentioned on Twitch over the weekend.
I am uncertain whether Variety will continue to carry news from its correspondents in the region, such as Kong Rithdee.
Where Variety Asia's reports once were, there will now be a void. It's sad.
Update: Account manager Gurjeet Chima is the sole survivor. (Via @ThomasCrampton)
Update 2: Kung Fu Cinema's Mark Pollard has a report.