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 ]
After a long ceremony and lots of wonderful speeches about books, presenting the winners of the 2024 National Book Awards: YOUNG PEOPLE’S LITERATURE: Shifa Saltagi Safadi, Kareem Between G.P. Putnam’s Sons Books for Young Readers / Penguin Random House * TRANSLATED LITERATURE: Yáng... Continue reading at Literrary Hub
[ Literrary Hub | 2024-11-21 02:57:44 UTC ]
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Laughter and terror: these will most certainly be the primary contributions of a second Donald Trump administration to the national mood. To wit: a new report from Columbia Journalism Review details a letter from Trump’s lawyer sent to the New York Times and Penguin Random House seeking $10... Continue reading at Literrary Hub
[ Literrary Hub | 2024-11-15 17:45:51 UTC ]
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President-elect Donald J. Trump is threatening to sue Penguin Random House and the ‘New York Times’ for $10 billion over allegedly “false and defamatory statements,” according to a letter reviewed by the ‘Columbia Journalism Review.’ Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-15 05:00:00 UTC ]
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The Penguin Random House Christian Publishing Group, a new standalone entity, will expand and build upon on the publisher’s existing evangelical Christian publishing programs under the leadership of Campbell Wharton. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-31 00:00:00 UTC ]
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The US presidential election is in its final stretch. Before election day on November 5, Engadget is looking at where the candidates, Kamala Harris and Donald Trump, stand on the most consequential tech issues of our day. The Biden administration has been more aggressive than almost any in... Continue reading at Engadget
[ Engadget | 2024-10-29 13:30:13 UTC ]
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RFR Holding is more than 90 days delinquent on the mortgage for 90 Fifth Ave., according to Fitch Ratings, the latest sign of mounting strain for the developer fighting eviction from the Chrysler Building.The 140,000 square-foot building at the corner of West 14th Street is a small part of RFR’s... Continue reading at Crains New York
[ Crains New York | 2024-10-25 17:48:58 UTC ]
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Artificial intelligence makers have faced a mountain of criticism for borrowing from the work of others to train its models. Now the world’s largest publishing house is taking steps to ensure its authors don’t have their work plagiarized in the name of progress. The Bookseller reports that... Continue reading at Engadget
[ Engadget | 2024-10-18 21:04:36 UTC ]
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Sally Huband’s ‘Sea Bean,’ set on the beaches of the Shetland Islands has won the Penguin Random House publication of her book. By Porter Anderson, Editor-in-Chief | @Porter_Anderson ‘A Readiness To Be Honest’ s we continue to try to catch up with a rip tide of announcements from various prize... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-09-25 19:30:23 UTC ]
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About 100 friends and colleagues gathered at the Iris restaurant in Manhattan on September 20 to wish Stuart Applebaum, one of publishing’s preeminent publicists and dean of the industry’s corporate communications director ranks, both a happy birthday and good luck after he steps away from... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-23 04:00:00 UTC ]
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The layoffs of Gleick, associate publisher Michael McKenzie, and "other staff" constitute what Little, Brown president and publisher Sally Kim called "the final part of the Workman reorganization." The Algonquin imprint was moved into Little, Brown in July. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-12 04:00:00 UTC ]
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O’Connell comes to Saga from the flagship Simon & Schuster imprint, for which he will continue to acquire literary fiction and select nonfiction. Joe Monti, who founded Saga in 2015, has been promoted to VP, associate publisher, and editorial director. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-10 04:00:00 UTC ]
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Cost cuts and higher sales led to rises in profits at HarperCollins, Lagardère Publishing, and Penguin Random House in the first half of this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-06 04:00:00 UTC ]
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The diversity-led 'Lit in Colour' program at Penguin Random House UK places a vending machine at Scotland's Linlithgow Academy. The post Scotland: PRH UK’s ‘Lit in Colour’ Book-Vending Machine appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-08-28 20:01:47 UTC ]
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A good performance by PRH US, higher audiobook sales, and contributions from recently acquired companies led to a 13% increase in profits on an 8.5% sales gain at the world's largest trade publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-28 04:00:00 UTC ]
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Penguin Random House has announced the forthcoming paperback edition of the Duke of Sussex’s memoir, which will be released in the U.S. on October 22. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-26 04:00:00 UTC ]
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Amanda D'Acierno is named as the global president of Penguin Random House Audio, after leading PRH audio in the US since 2008. The post Nihar Malaviya Names Amanda D’Acierno To Lead PRH Audio Worldwide appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-08-21 17:32:12 UTC ]
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The longtime president and publisher of Penguin Random House Audio Group in the U.S. will join the company’s global executive committee and add its global audiobook program to her purview. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-21 04:00:00 UTC ]
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The Penguin Random House Audio Narrator mentorship is a six-month program, opening its fifth session in January. The post Penguin Random House Opens Its Audio Narrator Mentorship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-08-13 21:21:54 UTC ]
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Penguin Random House Audio has opened the application process for the fifth session of its narrator mentorship program, which aims to increase diversity and inclusion within the audiobook industry. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-08-13 04:00:00 UTC ]
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Danek-Akey will leave her position as chief supply chain officer at Penguin Random House at the end of August to help with Barnes & Noble's expansion of its retail footprint. With her departure, Jeff Abraham has been promoted to COO of PRH US. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-15 04:00:00 UTC ]
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