Moody Bible to end magazine, sell stores

Christian Century, April 5, 2003

Moody Bible Institute, a Chicago-based evangelical organization, has announced it will stop publishing Moody magazine and make other business changes in light of the difficult economy.

The magazine will halt print publication within six months and Moody's daily devotional guide, Today in the Word, will become the institute's primary periodical. In addition, the institute will curtail its retail business and begin a search for a buyer for its Moody Bookstores in Indianapolis and Chatham Ridge, Illinois.

Ministry officials say the changes will provide significant savings as the organization continues to streamline other areas of ministry. The institute, founded in 1886 by evangelist Dwight Lyman Moody, includes an undergraduate school, graduate school, Moody Publishers and the Moody Broadcasting Network. --RNS