Whatever deal that had been signed between the two was now dead.
The publication of both was repeatedly delayed, #320 came out in April, eight months late, and last weekend at the London Film & Comic Con, I learned that Massive was not going to publish the new Heavy Metal Magazine volume 2 at all. This would happen after Heavy Metal Entertainment published a final issue #320, of the first volume. And would be starting over with a Volume #1 issue 1 at the beginning of 2023.
In October 2022, Bleeding Cool reported that relatively new comic book publisher Whatnot Publishing, now more widely known as Massive Publishing, was to take over the publication of the legendary long-running sci-fi-fantasy comic book anthology Heavy Metal Magazine from Heavy Metal Entertainment.