By some miracle we escaped our dismal dungeon of an HQ Friday night and headed over to Serena under the legendary Hotel Chelsea to celebrate the beginning of HX Media's Gay Life Expo. While schmoozing with the gayest of the gay, we came across Matthew Bank, HX's fearless founder and CEO.

Considering some of the things we've said about HX on this site, we're surprised Bank even gave us the time of day. Gracious as always, we congratulated him on the new venture, by which we meant the Expo's new film festival. To this, Bank replied, "Yes, we're very excited about Boston." We asked what he meant and he informed us that HX Media had just purchased Boston's In Newsweekly. "A press release was sent out Wednesay," he drolled. "I guess you didn't get it."

No, Mr. Bank, we didn't. We did, however, find this article detailing the new buy. Obviously Bank was a bit more forthcoming with them:

We are extremely pleased to be acquiring In Newsweekly... Its 16-year history of award-winning reporting is a great tradition to be continuing. Having In Newsweekly as part of the HX family will allow readers and advertisers in all of our publications broader access to important LGBT audiences and information.

And, of course, we're sure advertising revenue has something to do with it.

The report goes on to assure readers that the paper will retain it's current staff, including editor James A. Lopata and sales manager, Christopher Robinson.