This particular Arthur saga has a few chapters left in it.

Despite being declared dead by co-founder and editor Jay Babcock back in February, the much-mourned Arthur magazine announced its return earlier this month to the already too-small world of long-form counterculture journalism. Babcock’s negotiations with publisher Laris Kreslins to buy out Kreslins’ half of the mag had reached a seemingly hopeless impasse, but a recent breakthrough finally pushed the deal through.

“The main thing is that he came back to the table and we reached a deal, and I got loans from friends and family which allowed me to buy him out,” says Babcock, who has run the magazine from his home in Atwater Village since its inception in 2002. “I have now gained 100 percent control of Arthur, and I intend to resume publishing the magazine as soon as all the financing is in order.”

Full story: LA CityBeat.