from Shojo Beat's site:

The final issue of Shojo Beat magazine will be the July 2009 issue which is on newsstands June 16th.

We are very proud of the past issues of Shojo Beat magazine and the efforts of the entire team. The magazine developed quite a fan base but unfortunately in today's difficult economic climate we felt the need to place our resources elsewhere at this time.

Of course all of our great shojo manga titles previously serialized in Shojo Beat magazine will still be published and available as graphic novels under the Shojo Beat imprint from VIZ Media.

Each Shojo Beat Subscriber will be receiving a free copy of the August issue of
SHONEN JUMP magazine with the pertinent information on what their subscription/refund options will be.

i hope this answers any questions we had
~renjifangirl18