AnimeOnDVD reports that PiQ magazine is officially dead. A blog post on the site states that the magazine's office has already been vacated. The July issue is the final installment of the publication.

PiQ was ADV Films' successor to Newtype USA. The first issue hit newsstands with the May 2008 edition. The PiQ website states that several factors contributed to the short lifespan, including poor management, a low budget, and little advertising revenus.