Aaron Garcia | 21.10.2004 09:36 | London
The Pink Paper is coming back to the gay scene across the UK after one of the country's biggest gay publishing groups have bought the publication.
Millivres Prowler Group, publisher of Gay Times and Diva, will announce the purchase in a statement on the 18th October.
The newspaper will continue to be free,and will grant the gay community with its favourite publication, the gay press icon.
Moreover, a "radical relaunch" will take place early in the New Year.
The new look magazine will also feature its former editor Tris Reid-Smith who spoke today of his confidence in developing the new brand.
"This buy-up is the best possible outcome for the Pink Paper. We are really excited about the future," he said in a statement.
"Now the MPG team's enthusiasm, professionalism and greater resources will make it a bigger financial success."
The impact of the announced closure of the newspaper was felt across the gay printed media.
Monthly magazine Bent was quick to ramp up its news content, creating a new Head of News position to compliment the already existing contributors, while Boyz and QX, known for their weekly scene content, were also thought to be looking into increasing their informative and serious content.
This is not the first time the Pink Paper has undergone a revamp in the bid to assert itself as the core printed news source for the gay community, however.
In 1998, it began to incorporate more lifestyle and entertainment coverage in a bid to win more younger readers and return the losses trend it had suffered for a decade. But in the process, it angered many of its older activist core for apparently leaving its political past behind.
The first edition published by the new owners will hit the streets on the 5th November.