It seems like a lot of publishers are canceling their monthly magazines publication (thanks for nothing EGM, a little hint would’ve been nice) since the economy has been getting worse. Unfortunately, Viz has just recently announced that the July issue of “Shojo Beat” will be the last.

Those who subscribe to “Shojo Beat” will receive a free copy of August “Shonen Jump” with details of the remaining subscription with the option of opting for a refund of remaining credit.

The Website and graphic novel will continue as usual. Here’s what a Viz spokesperson has to say regarding the cancellation:

“We are very proud of the past issues of Shojo Beat magazine and the efforts of the entire team [...] The magazine developed quite a fan base but unfortunately in today’s difficult economic climate we felt the need to place our resources elsewhere at this time.”

Source: ICv2