The news comes just a week after Cradley Print successfully secured a new three-year deal with International Magazine Services to print both Time and Newsweek magazines (PrintWeek, 3 May).
Future Publishings commercial director, Ian Linkins, said the company was "moving around a lot of titles, placing a lot more work with fewer printers as part of a rationalisation".
As a result, the Future titles printed at Cradley Print, which include Mountain Biking UK, Total Guitar, Computer Arts (UK), Edge, 3D World and Create Online, will be removed.
This will lead to work with a value of 2m being placed at Futures three remaining print suppliers: ET Heron, Southernprint and TPL.
"We have kept Cradley Print informed at all times, and the withdrawal of magazine work is not a reflection on their performance," said Linkins.
Story by Andy Scott
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"Bit weird. From what I've heard, things started to go wrong when their trade customers found out they put a B1 printing press in and went from a supplier to a competitor......"
"Sad to see another print company facing financial trouble. The industry is tough, and this highlights the ongoing challenges many are facing. Hope employees and customers get clarity soon."
"Not surprised, businesses need to prepare for these attacks rather than thinking that they're going to avoid them. At the very least, data needs to be fully protected with air gaps in place..."
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