Media journalist Erik Sass finds PlanetOut’s publishing sale “embarrassing:” “In an embarrassing setback, PlanetOut Inc., a leading LGBTmedia company, is selling its magazine business for a song… Having purchased [Out and The Advocate] and erotic book business of Liberation Publications for $32.1 million in November 2004, on Thursday PlanetOut announced it is selling the magazines to Here Networks, a gay and lesbian-themed TV network, for a paltry $6 million.” [MediaPost]