Yeah, the pay didn't seem terribly objectionable to me. It's not high end, but a heck of a lot of lit mags don't pay any better than that. So the rights issue is really the stopping block.
But if they're not going to publish fiction anyway, it's a rather moot point! We'll just have to wait and see. :)
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But if they're not going to publish fiction anyway, it's a rather moot point! We'll just have to wait and see. :)