Rolling Stone's Mexico edition is shuttering, according to an official communique on its Web site. The Spanish-language monthly franchise says it's closing after seven years as a result of parent company Grupo Prisa's decision to close Rolling Stone's Mexican publisher Progresa Mexico.

"The world financial situation prevents us from continuing to work as we have," read the posting from Progresa's director general Benjamin Salcedo. The posting didn't say whether the magazine would return under a different publisher or online-only, but Salcedo continued, "It's not a goodbye, it's a see you soon."

Rolling Stone previously closed its Colombia edition, but still publishes local versions in several other countries including Spain and Argentina.