UPDATE: It’s finally official: The Hollywood Reporter announced today that Elizabeth Guider is stepping down as Editor after three years at the helm of the newsroom. Guider had been told she was out almost as soon as THR parent e5 Global Media CEO Richard Beckman took over in January, then was left twisting in the wind after Janice Min took over as editorial director in May. The Hollywood Reporter announcement cited the fiction that it was Guider’s decision to step down because of “personal family issues” and her “desire to finish a book”. She will freelance for the paper. ”It has been an honor and a pleasure to lead The Hollywood Reporter‘s newsroom during such interesting, if challenging, times,” Guider said.

Also exiting is Andrew Wallenstein, who has headed the trade-turned-celebrity sheet’s digital operations for the past 2 years. His departure was somewhat of a surprise. But, in the end, Min wanted to do her own thing. ”After eight years with THR, the time is right to move on,” Wallenstein said in a statement. “I leave with the satisfaction that comes with my extensive reporting on the media business, from technology to television, as well as leading our website to editorial excellence and category-leading traffic numbers.”

(I will be posting a comprehensive look at THR and all its changes later this week.)