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Money (financial website)

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Money
File:Money September 2007.jpg
The September 2007 issue of Money
CEOGreg Powel
CategoriesPersonal finance magazines
FrequencyMonthly, except Jan/Feb
Total circulation
(2012)
1,908,509[1]
First issueOctober 1972
Final issueJune 2019
CompanyAd Practitioners LLC
CountryUnited States
Based inNew York City, New York, U.S.
LanguageEnglish
Websitemoney.com
ISSN0149-4953

Money is an American 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 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".[2]

As of April 2020, the website draws more than 10 million unique visitors per month.[3]

History

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

The magazine, along with Fortune, partnered with sister cable network CNN in CNNMoney.com after the discontinuation of the CNNfn business news channel in 2005. In 2014, following Time Inc.'s spin-off from its parent company Time Warner, which also owned CNN, Money launched its website, Money.com.[5]

After Meredith Corporation acquired Time Inc. at the beginning of 2018, Money was put up for sale. In April 2019, Meredith announced the discontinuation of Money's print publication due to a lack of buyers, choosing instead to focus on the digital platform, Money.com.[6] The last print issue was published in June 2019.[7] The remaining subscribers were transferred to Kiplinger's Personal Finance.[8]

In October 2019, Meredith Corporation sold the Money brand and website to Money Group, formerly known as Ad Practitioners LLC,[9] a Puerto Rico-based media and advertising company that operates ConsumersAdvocate.org.[3] The terms of the deal were not disclosed, and Ad Practitioners LLC has not announced plans to relaunch a print version of Money.

References

  1. ^ "eCirc for Consumer Magazines". Audit Bureau of Circulations. June 30, 2011. Archived from the original on July 24, 2012. Retrieved November 30, 2011.
  2. ^ Delbridge, Emily (November 21, 2019). "The 8 Best Business Magazines of 2020". The Balance Small Business. Retrieved February 8, 2020.
  3. ^ a b "Meredith Sells Money Magazine Brand, Nearly Two Years After Time Inc. Merger". Folio. October 22, 2019. Retrieved October 23, 2019.
  4. ^ "Top 100 U.S. Magazines by Circulation" (PDF). PSA Research Center. Archived from the original (PDF) on November 15, 2016. Retrieved February 6, 2016.
  5. ^ Bazilian, Emma (June 1, 2014). "Fortune, Money Spinoff From CNNMoney.com". Adweek. Retrieved May 5, 2022.
  6. ^ Jerde, Sara (April 17, 2019). "Money Magazine Is No Longer for Sale, and It's Going Digital Only". Adweek. Retrieved April 26, 2019.
  7. ^ "Final Money Magazine Issue: Midyear Investors Guide (June / July 2019)". APRfinder.com. July 10, 2019.
  8. ^ Guaglione, Sara (June 7, 2019). "Kiplinger Acquires Portion Of 'Money' Magazine's Subscribers". mediapost.com. Retrieved December 7, 2019.
  9. ^ "About".