The news is true, and here is what Tim Kask has to say about TSR:
Tim Kask Here's a snippet from our ad prospectus.....
so now you all the official word there is at this time.
Gygax is a gaming magazine for new and old
We are looking forward to the games of tomorrow
and today, while preserving the traditions and history
that got us where we are now.
Our articles and features cover current independent
and major publisher games such as Pathfinder,
Savage Worlds, The One Ring, Shadowrun,
Godlike, Labyrinth Lord, Marvel Heroic Roleplaying,
Warhammer 40k Roleplay, Traveller, and others,
as well as classic out-of-print games with a modern
following, like AD&D, Top Secret, and Gamma
Our features include comics by Phil Foglio (What’s
New With Phil and Dixie), Jim Wampler (Marvin
the Mage), and Rich Burlew (Order of the Stick).
Contributors include Jim Ward, Cory Doctorow,
James Carpio, Ethan Gilsdorf, Dennis Sustare, and
Publishing quarterly in print as well as PDF and iPad
editions, we hope each issue of Gygax will be an
anticipated and treasured addition to any gamer’s
Mr. Kask has also informed me that Gygax Magazine will be available in the UK as well as the U.S. I presume that it will be available in Canada as well.