A City of Los Angeles reference librarian confirms for me that the the Los Angeles Public Library system will cut eighty (80) per cent of its periodical subscriptions citywide in upcoming months. They will also put a halt to all book buying through the rest of the fiscal year, June 30, 2009.
The City's budget deficit is cited as the reason behind the slashings. This would cut publications such as The New Yorker, which have experienced such interruptions to subscriptions before, last time in the 1990's. At that time, some individual libraries leaned on their friends groups to avail popular subscriptions.