The New York Post reported that Money.com was sold for $20 million. This was a website sale not a pure domain sale.
From the article:
Today, Money is down to only 14 staffers.
The mag arrived at Meredith in January 2018 as part of the $2.8 billion acquisition of Time. But a few months later, it was put up for sale along with Sports Illustrated, Fortune and Time. The latter three sold for a combined $450 million. Meredith took down the For Sale sign on Money in April 2019 because no buyer came close to meeting its asking price — said to be $10 million. Meredith at that time folded the print edition. The June issue was its last.
The buyer is Ad Practitioners LLC
MediaPost covered the story as well, the takeaway from their article I found most interesting,
At the time, a Meredith spokesperson told Adweek: “We are going to invest in the digital Money.com brand site itself, as well as leverage the Money content across our portfolio.”
According to comScore, Money.com now averages 4 million monthly unique visitors.
Tip of the cap to Page Howe