The SMU Press, founded in 1937, is suspending operations due to challenging economic times.
Ludden says SMU retains the option to resume press operations, in a renewed form, sometime in the future. No timetable was given.
The announcement by Ludden, who also serves as SMU's vice president for academic affairs, was announced Tuesday.
University officials say the SMU Press, with an annual budget of approximately $400,000, publishes about 10 books a year.