Playthings LogoPlaythings the magazine is for sale from publishing giant Reed Elsevier. So are a bunch of other mags, including Casual Living, Broadcasting & Cable, Kids Today, Library Journal, Multichannel News, Purchasing, Publisher’s Weekly, and others, but not Variety.

Reed’s CEO Ted Smith is out, effective immediately.

Here’s hoping it doesn’t shut down (the online version, at least).

(source, info)