The annual print issues of Fortune will decline to 12 from 16 while the annual print issues of Money will decline to 10 from 11.
“All of the research we have suggests our readers aren’t interested in more issues, but interested in higher quality, more impactful issues,” Time Inc. chief content officer Alan Murray said in a statement. “And that’s where we are putting our focus.”
Murray was editor of Fortune until earlier this year. Fortune was once published every two weeks. It cut back its print editions from 25 to 18 in 2009. It combined its print and online staffs earlier this year.
Both Fortune and Money launched websites in 2014. Their content had previously been posted on CNNMoney.com.
Time Inc. is also cutting the number of print editions of its other publications, including Sports Illustrated.
The company is also exploring starting new magazines in conjunction with web-only media operations.
“We are engaged in conversations with several pure play digital companies and exploring creating print magazines for their brands,” said Time Inc. CEO Rich Battista in a statement.
A company spokeswoman could not say whether any of those digital companies produced business and financial news.
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…