Special interest magazine publisher F+W Media is due back in Delaware bankruptcy court Monday afternoon, where the company is expected to present the winning bidders emerging from an auction of its remaining media assets, the latest step in a process that began when the company filed for Chapter 11 protection in March, citing over $100 million in debt. Unlike the company's books division—the entirety of which went to Penguin Random House for $5.6 million at a similar auction last week—the magazine side was broken up and auctioned off in pieces, with the largest chunks going to Active Interest Media subsidiary Cruz Bay Publishing and Macanta Investments, the investment vehicle for Terence O'Toole, who is co-managing partner of Tinicum Inc., the private investment firm that acquired a majority stake in F+W in 2014. All told, the total take for F+W, should all of the bids go through, will be $7.75 million. Putting up a total of $3,525,000, Macanta secured successful bids for F+W's crafts group (its largest division, which includes the Interweave network of of 10 knitting, sewing and related needlework magazines, as well as nine quilting-related magazines), plus the artists network (Artists Magazine, Southwest Art, Watercolor Artist and Pastel Journal), beating out Cruz Bay Publishing for the latter group with a winning bid of $675,000. Not to walk away empty-handed, Cruz Bay Publishing secured successful bids for the 7x frequency Popular Woodworking (beating out Meredith... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-06-17 16:16:56 UTC ]
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Orion Fiction has acquired the "wickedly funny" debut, First Time for Everything, from London Writers Award Winner Henry Fry, in a three-way auction. Continue reading at The Bookseller
[ The Bookseller | 2021-04-13 22:56:24 UTC ]
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Simon & Schuster UK has acquired My (Extra)Ordinary Life, a "funny, heart-warming and relatable" debut by author Rebecca Ryan, after winning a three-way auction. Continue reading at The Bookseller
[ The Bookseller | 2021-04-10 01:19:05 UTC ]
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Fourth Estate has won a four-publisher auction for Eloghosa Osunde’s “radical and thrilling debut novel Vagabonds! Continue reading at The Bookseller
[ The Bookseller | 2021-02-22 01:47:00 UTC ]
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Yellow Kite has acquired Aldo Kane's "inspirational" memoir Lessons From the Edge, following an eight-way auction. Continue reading at The Bookseller
[ The Bookseller | 2021-02-18 23:37:01 UTC ]
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Allen Lane has won a four-way auction for a “vivid and unexpected” group biography of four creative pioneers by Harriet Baker. Continue reading at The Bookseller
[ The Bookseller | 2021-02-14 19:57:05 UTC ]
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Pan Macmillan's sustainability imprint One Boat has triumphed in a nine-publisher auction for A Bigger Picture, billed as “part rousing manifesto, part poignant memoir” from Ugandan climate activist Vanessa Nakate. Continue reading at The Bookseller
[ The Bookseller | 2021-01-24 15:12:29 UTC ]
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Virago has acquired a Millennial vampire tale—Claire Kohda's debut novel Woman, Eating— in a six-way publisher auction. Continue reading at The Bookseller
[ The Bookseller | 2020-12-17 23:41:35 UTC ]
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Jonathan Cape has won a 10-publisher auction for Fire Rush, the “phenomenal” debut novel by Jacqueline Crooks. Continue reading at The Bookseller
[ The Bookseller | 2020-12-09 10:11:08 UTC ]
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Fourth Estate has triumphed in a four-way publisher auction for Daphne Palasi Andreades’ “evocative and original” debut novel Brown Girls in a two-book deal. Continue reading at The Bookseller
[ The Bookseller | 2020-12-08 17:18:36 UTC ]
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Allen Lane will publish Nothing Ever Just Disappears, a new history of seven queer lives and the places that made them by writer and academic Diarmuid Hester. Continue reading at The Bookseller
[ The Bookseller | 2020-12-06 22:14:06 UTC ]
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Picador has won a four-way auction for 10 books from Jamaica Kincaid, hailed by the publisher as “one of our greatest living writers”. Continue reading at The Bookseller
[ The Bookseller | 2020-11-27 02:18:31 UTC ]
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Cornerstone has triumphed in a five-way auction to publish a guide to creativity from a former chief marketing officer at Nike, Greg Hoffman. Continue reading at The Bookseller
[ The Bookseller | 2020-11-20 06:18:40 UTC ]
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HarperVoyager has won a four-publisher auction for three titles, including horror fantasy The Book Eaters, from debut author Sunyi Dean. Continue reading at The Bookseller
[ The Bookseller | 2020-11-09 22:52:36 UTC ]
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Penguin Life has won a three-way auction for the debut non-fiction book from coach, therapist and founder of personal development programme The Bridge Retreat, Donna Lancaster. Continue reading at The Bookseller
[ The Bookseller | 2020-11-03 06:48:20 UTC ]
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Headline Review has triumphed in a multi-publisher auction for Isaac and the Egg, a debut novel by journalist Bobby Palmer. Continue reading at The Bookseller
[ The Bookseller | 2020-10-28 08:45:16 UTC ]
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Sophie Jonathan, editorial director at Picador, has acquired Maps of Our Spectacular Bodies by debut author Maddie Mortimer in a "hotly contested" auction. Continue reading at The Bookseller
[ The Bookseller | 2020-10-27 05:29:02 UTC ]
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Picador has won a six-publisher auction for Jackie Polzin's “irresistible” debut Brood, a novel about grief, motherhood and chickens. Continue reading at The Bookseller
[ The Bookseller | 2020-10-19 19:47:31 UTC ]
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Puffin has acquired debut middle-grade series, The Accidental Diary of B.U.G, from author-illustrator talent Jen Carney in a "heated" six-figure auction. Continue reading at The Bookseller
[ The Bookseller | 2020-10-15 21:47:37 UTC ]
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Bloomsbury has secured 27-year-old novelist and mathematician Stephen Buoro's debut novel, The Five Sorrowful Mysteries of Andy Africa. Continue reading at The Bookseller
[ The Bookseller | 2020-10-15 13:01:22 UTC ]
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Chatto & Windus has won a six-way auction for organic food grower Claire Ratinon's “beautiful and moving” memoir Unearthed: On Race and Roots, How the Soil Taught Me I Belong. Continue reading at The Bookseller
[ The Bookseller | 2020-10-05 23:59:18 UTC ]
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