Nintendo has chosen not to renew its licensing agreement with Future Publishing (the company that currently produces Nintendo Power) and has no intentions to take over the publication itself, according to insider sources speaking to Ars Technica. This information is corroborated by Nintendo Power senior editor Chris Hoffman, who tweeted that he and his still will "try to make the last issues memorable."
Reportedly "difficult to work with," Nintendo is said to have taken no interest in working with Future on expanded online initiatives to strengthen the Nintendo Power brand. Editors and staff members were told that the magazine would be shut down sometime last week and have since begun transitioning to other Future publications, according to Ars Technica's source.

We've reached out to Future Publishing and Nintendo for comment. Originally launching in 1988, Nintendo Power was run in-house by Nintendo until the property was licensed to Future in 2007.