The magazine just released its third issue (March/April) titled "The Home Issue."
"In many ways, we were just getting started," said Newton Living publisher John Sisson in a press release. "We were getting great reader engagement and growing ad revenue, but that growth was coming along too slowly for us to continue producing the high-quality magazine."
According to a press release issued by Sisson, the glossy magazine was distributed to more than 32,000 households and 3,000 businesses in Newton and Chestnut Hill.
The free publication launched in September 2011 and included features on local art, food, homes, culture and people in the Garden City.
Sisson said in the press release that the magazine "lacked the capital to continue without additional investors."
This does not necessarily mean the end to the magazine, though, as Sisson and his team will reassess the business model and possibly re-launch the publication. The Newton Living team will also look to expand their online presence, he said.
"I worked with some very talented people to create a local magazine that would explore, discover, and celebrate the Garden City, and I believe we did a pretty good job of it," Sisson said in the press release. "I was thrilled to be doing magazine journalism at the local level."