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Money (magazine)

Money
Money September 2007.jpg
The September 2007 issue of Money
Editor-in-Chief[1]Adam Auriemma
CategoriesPersonal finance magazines
FrequencyMonthly, except Jan/Feb
Total circulation
(2012)
1,908,509[2]
First issueOctober 1972; 47 years ago (1972-10)
Final issueJune 2019; 5 months ago (2019-06)
CompanyAd Practitioners LLC
CountryUnited States
Based inNew York City, New York, U.S.
LanguageEnglish
Websitemoney.com
ISSN0149-4953

Money is a personal finance brand and website owned by Ad Practitioners LLC and formerly also a monthly magazine, first published by Time Inc. (1972-2018) and later by Meredith Corporation (2018-2019). Its articles cover the gamut of personal finance topics ranging from investing, saving, retirement and taxes to family finance issues like paying for college, credit, career and home improvement. It is well known for its annual list of "America's Best Places to Live".

As of October 2019, the website draws 4 million unique visitors each month.[3]

History

The first issue of Money magazine was published in October 1972 by Time Inc.[4]

The magazine, along with Fortune, was a partner with sister cable network CNN in CNNMoney.com, an arrangement made after the discontinuation of the CNNfn business news channel in 2005. In 2014, following the spin-off of Time Inc. from its and CNN's parent Time Warner, Money launched its own website, Money.com.[5]

The magazine was put up for sale after Meredith Corporation completed its acquisition of Time Inc. at the beginning of 2018. After failing to find a buyer, Meredith in April 2019 announced that it would cease Money's print publication, but would invest in the brand's digital component Money.com.[6] Money published its last print issue in June 2019. The printed magazine’s remaining 400,000 or so subscribers were transferred to Kiplinger's Personal Finance magazine.[7]

In October 2019, Meredith Corporation sold the Money brand and website to Ad Practitioners LLC, a media and advertising company based in Puerto Rico that runs the product review website ConsumersAdvocate.org.[3] Terms for the deal were not disclosed and at the time of the announcement it was unclear what will happen to the website's staff. Ad Practitioners LLC does not have plans to relaunch a print version of Money.

References

  1. ^ October 2017 issue of Money
  2. ^ "eCirc for Consumer Magazines". Audit Bureau of Circulations. June 30, 2011. Retrieved November 30, 2011.
  3. ^ a b "Meredith Sells Money Magazine Brand, Nearly Two Years After Time Inc. Merger". Folio:. 2019-10-22. Retrieved 2019-10-23.CS1 maint: extra punctuation (link)
  4. ^ "Top 100 U.S. Magazines by Circulation" (PDF). PSA Research Center. Retrieved February 6, 2016.
  5. ^ "Fortune, Money Spinoff From CNNMoney.com".
  6. ^ "Money Magazine Is No Longer for Sale, and It's Going Digital Only". www.adweek.com. Retrieved 2019-04-26.
  7. ^ "Kiplinger Acquires Portion Of 'Money' Magazine's Subscribers". www.mediapost.com. Retrieved 2019-10-23.

External links