The Tip Sheet has pulled the plug on its printed publication to become an online-only operation.
The decision to close The Tip Sheet, which until recently incorporated a compilation CD of new tracks, has been blamed on the "enormous increase" in printing and manufacturing costs. It is planned to continue with the related message board.
Meanwhile, the publication's former editor Joe Taylor has joined the founders of plugging company The CD Pool, to form a new business producing themed promotional CDs.
Taylor says 15 titles a year will be released by Tastemaker CD and mailed to around 1,000 executives in the music and media industries. The first volume, called Tastemaker CD: Rock, is released this week and will be followed by classical and summer hits titles and regional compilations.
Labels pay £500 for every track they want included. Each CD includes a feedback form asking for views on the song and how they can help to promote it.