Time Warner Restructures Business Group

In an acknowledgement that online and print advertising is undergoing momentous change, Time Warner Inc. is reorganizing its business magazine group. Time Inc. Business and Finance Network is being re-branded as the Fortune|Money Group.

The Fortune|Money Group — which includes Fortune, Money, Fortune Small Business magazines and the CNNMoney.com Web site — will gain a new executive (not yet named) to oversee print and digital revenues across the board. From Reuters:

”The print and digital teams will remain separate, but will be better integrated by having an executive in charge of both, said Vivek Shah, head of the group.

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