The Onion, the beloved purveyor of fake news, will cease its weekly print circulation in San Francisco and Los Angeles, despite a recent increase in readership, the San Jose Mercury News reported.

Chief Executive Officer Steve Hannah sent a memo to the two offices by last week, in which he described advertising revenue in both cities "abysmal." The Bay Area edition, which counts 60,000 copies distributed in 1,300 locations in San Francisco, Oakland and Berkeley, will print its last edition this week.