[Update] Newsstand wholesaler Source Interlink to go out of business after Time Inc. dumps it

[This post has been updated] 

[Update: Source Interlink Distribution Company, one of the largest newsstand wholesalers in the U.S., faced with losing some of its biggest customers in a dispute over price and payments, has decided to discontinue operations after 20 years in business. Michael Sullivan, the CEO, sent a letter to distributors and customers saying, in part, that 

While we have made