Smart Money Ends Print Run
News 06.21.12
Dow Jones & Co. said Thursday it will stop publishing the print version of SmartMoney, although it will expand the personal-finance magazine's digital platform.
Dow Jones, a unit of News Corp., which also publishes The Wall Street Journal, said it would add six new positions to SmartMoney.com's editorial staff but eliminate 25 jobs related to the print edition production. The last issue of the monthly magazine will be September's.
"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," said Robert Thomson, editor in chief of Dow Jones and managing editor of The Wall Street Journal.