Billboard.biz, which was first a couple of weeks ago with news of BUZZMEDIA’s acquisition of SPIN magazine, has another related scoop late this afternoon. The inevitable layoffs have begun.

According to Billboard’s sources (and some corroborating tweets), among those being told to go the way of the vinyl LP are editor-in-chief Steve Kandell, website news editor Devon Maloney and several members of the production and photo teams. At press time, BUZZMEDIA had not responded to requests for comment. Earlier however, there was this:

Responding to questions about the future of SPIN‘s print side, BuzzMedia CEO Tyler Goldman released a statement saying “We believe there is a unique role for print and see it as another outlet for people to access content about their passion topics… In the longer term, we’re still defining how print fits in from a platform perspective.”

That last bit about “platform perspective” is catchphrase-worthy. Perhaps Barry Diller and others can co-opt the terminology for their purposes as well in the coming months.