Bookforum magazine has announced that it will cease publication. The New York-based magazine's most recent issue, which was released this month, will be its last.

Bookforum was launched in 1994 as a literary supplement to the magazine Artforum. Since 2005, it has been published five times a year, releasing issues every February, April, June, September, and December. The magazine's website was known for its calendar of literary events, book reviews, and Paper Trail column, which rounded up the noteworthy literary criticism and news. The magazine claimed a circulation of 60,000.

The magazine's closure comes just two weeks after the abrupt shuttering of Astra House's Astra literary magazine. For many in the literary community, the end of Bookforum is the second and even more devastating blow in a double-whammy that does not bode well for the literary culture or industry. Replying to the magazine's Twitter announcement, an outpouring of authors and other publishing professionals expressed their disappointment. Small press Semiotext(e) replied: "We might as well fold too."

The news also comes on the heels of the recent acquisition of Bookforum's sister magazine Artforum by Penske Media Corporation (PMC). PMC is the parent company of art publications ARTNews and Art in America, as well as more than 20 other media brands including Billboard, Rolling Stone, and Variety.