From Ralan's I've learned that Lightspeed (SF) and Fantasy magazines are merging. John Joseph Adams, who used to read The Magazine of Fantasy & Science Science Fiction's slush for Gordon Van Gelder, edits both and recently bought them, becoming editor/publisher.
SF subs are still open, but fantasy subs are closed for the moment. Good news, JJA isn't changing the number of either SF or fantasy stories per month.
I'd heard about JJA becoming publisher, but not the merger. Ralan is great about updating us struggling authors. (grin) We'll see how this turns out.