Relix Magazine was launched by Les Kippel in 1974, stemming from the underground network of Grateful Dead concert-goers who taped and traded live recordings. The newsletter was originally distributed under the name Dead Relix and featured hand-drawn black and white concept artwork covers created by artist Gary Kroman. Averaging 20 pages per issue, the articles focused on taping tips and Grateful Dead news.

Even as early as the second issue, non-Dead editorial found its way into Dead Relix's pages and, with the addition of an editor, the young magazine expanded its scope to cover the music of the San Francisco Bay Area psychedelic scene. By 1978, Dead Relix contained reviews, essays, short features and artwork, and had dropped the "Dead" from its title. In a world that was moving away from hippy culture, Relix managed to remain relevant, by expanding its scope of coverage beyond "Bay Area psychedelic rock" to cover genres as diverse as reggae and heavy metal, with varying degrees of success. [Wiki]

To quote an anonymous source, someone "bought RELIX and Jambands.com and saved both from going under." The investor "didn't buy any of the other Zenbu entities though."

I don't think an official statement has been released, but there were massive (relatively speaking) layoffs at Zenbu Media, home of the jamband-friendly music magazine Relix and, Metal Maniacs and Metal Edge (the magazine titles speak for themselves). Rumors are flying...

An anonymous source has confirmed to MetalSucks that legendary magazines Metal Maniacs and Metal Edge -- both published by Zenbu Media -- have closed their doors for good. At this time we can't report whether either magazine will print any final issues or whether Zenbu itself is in trouble, but we can confirm that the end is nigh for these once mighty metal publications. [Metal Sucks]

And...

Just as The Dead are set to reform and head on the road, the one-time Grateful Dead fanzine [Relix] has officially gone the way of its somewhat peers No Depression and Harp... [Stark Magazine]

The current issue of Relix, slightly modified, is pictured above.

ALMOST INSTANT UPDATE: Idolator says that, "contrary to earlier reports claiming its imminent closure, Relix editor-in-chief Josh Baron has said that his magazine is going to continue publishing."

UPDATE 2: sources close to the magazine say that, though they are publishing one more issue of Relix, there is a good chance it will be their last.