This is a real shame.
TPJ is fantastic, I only subscribed at the time that EarthWeb bought it, but I have a few back issues.
While a few of the articles were way-over-my-head, it was always an interesting read and there was plenty of material which was immediately useful and inspiring to me. I really looked forward to receiving my copy and wished the issues were published more frequently.
I hope things work out for them, I don't want my Perl Journal's to become dusty collectors' items.