''Money'' is an American
personal finance
Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.
When planning personal fi ...
brand and website owned by Ad Practitioners LLC and formerly also a monthly magazine, first published by
Time Inc.
Time Inc. was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New York City. It owned and published over 100 magazine brands, including its namesake ''Time'', ''Sports Illu ...
(1972–2018) and later by
Meredith Corporation
Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned magazines, television stations, websites, and radio stations. Its publications had a readership of more than 120 million and paid circulation of more ...
(2018–2019). Its articles cover the gamut of personal finance topics ranging from credit cards, mortgages, insurance, banking and investing 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".
, the website draws more than 10 million unique visitors per month.
History
The first issue of ''Money'' magazine was published in October 1972 by
Time Inc.
Time Inc. was an American worldwide mass media corporation founded on November 28, 1922, by Henry Luce and Briton Hadden and based in New York City. It owned and published over 100 magazine brands, including its namesake ''Time'', ''Sports Illu ...
The magazine, along with ''
Fortune
Fortune may refer to:
General
* Fortuna or Fortune, the Roman goddess of luck
* Luck
* Wealth
* Fortune, a prediction made in fortune-telling
* Fortune, in a fortune cookie
Arts and entertainment Film and television
* ''The Fortune'' (1931 film) ...
'', was a partner with sister cable network
CNN
CNN (Cable News Network) is a multinational cable news channel headquartered in Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by ...
in CNNMoney.com, an arrangement made after the discontinuation of the
CNNfn
CNNfn (fn = financial news) was an American cable television news network operated by the CNN subsidiary of the media conglomerate Time Warner from December 29, 1995, and of AOL Time Warner until December 15, 2004. The network was dedicated to co ...
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.
The magazine was put up for sale after
Meredith Corporation
Meredith Corporation was an American media conglomerate based in Des Moines, Iowa, that owned magazines, television stations, websites, and radio stations. Its publications had a readership of more than 120 million and paid circulation of more ...
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. ''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
''Kiplinger's Personal Finance'' ( ) is an American personal finance magazine published by Kiplinger since 1947. It claims to be the first American personal finance magazine and to deliver "sound, unbiased advice in clear, concise language". It ...
'' magazine.
In October 2019, Meredith Corporation sold the ''Money'' brand and website to Ad Practitioners LLC, a media and advertising company based in
Puerto Rico
Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and Unincorporated ...
that runs the product review website ConsumersAdvocate.org.
Terms for the deal were not disclosed. Ad Practitioners LLC does not have plans to relaunch a print version of ''Money''.
References
External links
*
{{DEFAULTSORT:Money (Magazine)
1972 establishments in New York City
2019 disestablishments in New York (state)
Business magazines published in the United States
Magazines established in 1972
Magazines formerly owned by Meredith Corporation
Magazines disestablished in 2019
Magazines published in New York City
Monthly magazines published in the United States
Online magazines published in the United States
Online magazines with defunct print editions