citybeat.jpgLos Angeles CityBeat has ceased publishing. Yesterday’s issue will be the paper’s last. The staff was informed this morning in a meeting with Bruce Bolkin, president of Southland Publishing.

Sources inside the paper expressed surprise at the decision. Under CityBeat publisher Will Swaim‘s direction the paper had recently gone from operating at a loss to breaking even.

The paper has seen a revolving door of staff members since former publisher Charles Gerencser inexplicably fired founding editor Steve Appleford last year.

Previously on FBLA: Welcome to LA, President Obama