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BREAKING NEWS & VIEWS
SmartMoney Magazine To Fold Print EditionThursday, June 21, 2012 After 20 years in print SmartMoney magazine will cease its print presence with the September issue and direct all of its content efforts to SmartMoney.com. At  the same time the Dow Jones publication will expand its digital team (to 15) and report to the managing editor of The Wall Street Journal Digital Network Raju Narisetti. Smart Money was started in 1992 as a joint venture between Dow Jones & Co. and Hearst Corp. (now-Hearst Magazines president David Carey was the founding publisher), but Dow Jones acquired full ownership in 2010. The 25 print magazine staffers set to lose their position will have the opportunity to apply for the new digital spots at SmartMoney.com and at Dow Jones. In a statement regarding the decision to fold the magazine, Dow Jones & Co. editor-in-chief Robert Thomson said in a statement: “It’s clear that the volatility of markets and asset classes has increased the need for rapid delivery of personal finance intelligence, so we will be expanding our team and presence on the Web.” The magazine was leaking ad pages at a noticeable clip. According to min's boxscores, 2012 ad pages 232 were -9.28% through July. If you have breaking news to share please contact min’s editors.
Friend Us on Facebook at www.facebook.com/minOnline. COMMENTS
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I am a subscriber to the print magazine. Hopefully, they will be contacting the subscribers on our specific options.
Posted by James Shannon on Thursday, June 21, 2012 @ 03:33 PM
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