They’ve been saying jazz is dead for years.

Now, Jazz Times, a magazine that has celebrated the genre since 1970, appears to be on the brink of death, too.

In a note [1] posted on its Web site, the magazine has “suspended publication” and “has furloughed the bulk of its staff while it finalizes a sale of its assets.”

For now, though, Jazz Times is calling for improvisation, rather than a funeral. The magazine “will undergo reorganization and restructuring in order to remain competitive in the current media climate,” the note read. “Print publishing is expected to resume as soon as a sale is closed.”

The monthly magazine, founded in 1970 by record store owner Ira Sabin, has a circulation of 100,000—or roughly 30,000 more than rival jazz title Down Beat.

In 2008, Guthrie Inc., the parent company of Jazz Times, filed for bankruptcy and folded Harp [1], its alternative rock music title.

The news of Jazz Times’ demise follows closely on the heels of the closing of a pair of Nashville-based music magazines [1]—Performing Songwriter and Radio & Records, the latter owned by Nielsen—last week, and an ongoing grassroots campaign by the music magazine Paste to keep itself alive.