Found on the website for WEIRD TALES magazine today, a statement by editor Ann VanderMeer:
I am very sad to have to tell you that my editorship at Weird Tales, which has included one Hugo Award win and three Hugo Award nominations, is about to come to an end. The publisher, John Betancourt of Wildside Press, is selling the magazine to Marvin Kaye. Kaye is buying the magazine because he wants to edit it himself. He will not be retaining the staff from my tenure. I wish him the best with the different direction he wants to pursue, including his first, Cthulhu-themed issue.
WEIRD TALES had been absolutely resurgent over the last few years. There had been stops and hurdles, but it was a progressive magazine with fine work, some beautiful design and an impressive list of contributors.
Kaye is a prolific anthologist, clearly very retro in his tastes, and, I believe, still the editor of Sherlock Holmes Mystery Magazine.
I am sad to see the current iteration go. I suspect that the new iteration, if it sees print, will not be to my tastes. Starting off with a Cthulhu-themed issue is not exactly future-facing. Still, I wish him luck, just as I wish all the luck in the world to Ann and her staff in their next adventures.