Erin Tandy at the Ryerson Review of Journalism has some juicy details in this feature about the purchase of fab magazine by Pink Triangle Press, which also owns the Xtra newspapers. The deal between the not-for-profit PTP and fab owners/publishers Keir MacRae and Michael Schwarz closed late last month, but according to Tandy’s piece, both Rogers and Torstar put in offers for the 13-year-old mag covering Toronto’s gay scene.

Tandy also reports that Paul Gallant is no longer fab’s editor-in-chief; his name disappeared from themasthead in the issue following the sale. In his place: Brandon Matheson, editor-in-chief and publisher of Xtra and Capital Xtra in Ottawa, who will also serve as fab’s publisher.

“Our intention is to preserve fab as a scene magazine that covers Toronto’s gay scene,” Matheson told Tandy. “There’s been a lot of speculation over whether or not we’re going to turn it into Xtra, which is quite silly. Why would we do that if we already have Xtra? It doesn’t serve us well, and I don’t think it serves the community well to have two publications that do the same thing.”

• How extra super fab can it get? [Ryerson Review of Journalism]
• Xtra’s owner buys fab[Xtra]