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 ]
The following excerpt is from David Heatley’s graphic memoir, Qualification. * __________________________________ Excerpted from Qualification by David Heatley. Copyright © 2019 David Heatley. Excerpted by permission of Pantheon, a division of Penguin Random House LLC. All rights reserved. No... Continue reading at Literrary Hub
[ Literrary Hub | 2019-10-16 08:47:15 UTC ]
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YouTuber and bestselling novelist Zoe Sugg and Young Adult author and editor Amy McCulloch are collaborating on a new YA fiction project for Penguin Random House Children’s. Continue reading at The Bookseller
[ The Bookseller | 2019-10-15 11:00:45 UTC ]
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[caption id="attachment_162587" align="alignright" width="150"] Zach Seward[/caption] On Monday, Quartz announced multiple transitions in leadership, including co-founder Zach Seward's promotion from chief product officer and executive editor to CEO. Former co-CEO and publisher Jay Lauf will... Continue reading at Folio Magazine
[ Folio Magazine | 2019-10-10 18:28:48 UTC ]
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Here are the 25 finalists up for the National Book Awards in of Fiction, Nonfiction, Poetry, Translated Literature, and Young People’s Literature: Finalists for Fiction: Susan Choi, Trust Exercise Henry Holt and Company / Macmillan Publishers Kali Fajardo-Anstine, Sabrina & Corina: Stories... Continue reading at Literrary Hub
[ Literrary Hub | 2019-10-08 14:40:58 UTC ]
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HarperCollins UK has unveiled new initiatives as part of its ongoing support for The Literacy Project and has joined Penguin Random House UK in a ranking of employers in 2019 who have taken the most action on social mobility in the workplace. Continue reading at The Bookseller
[ The Bookseller | 2019-10-08 08:59:21 UTC ]
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[caption id="attachment_171881" align="alignright" width="150"] Adam Hargis[/caption] The New York Times announced last week that Adam Hargis is taking over as publisher of T: The New York Times Style Magazine. Hargis has spent the last five years the Times, most recently as an associate... Continue reading at Folio Magazine
[ Folio Magazine | 2019-10-03 20:16:27 UTC ]
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Nada Stirratt, VP of North America at Facebook, sits down with Ad Age Associate Publisher Heidi Waldusky to discuss what storytelling means for Facebook users and advertisers. Plus, the need for brands to personalize messaging at scale—and how Facebook Stories can help. A custom video... Continue reading at Advertising Age
[ Advertising Age | 2019-10-02 21:00:00 UTC ]
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Jennifer Howard, Managing Director of Entertainment, Media, and Tech at Facebook, sits down with Ad Age Associate Publisher Heidi Waldusky to discuss how Facebook Watch is changing the way its 140 million daily users consume content—and how marketers can take advantage of it. A custom... Continue reading at Advertising Age
[ Advertising Age | 2019-10-02 19:52:00 UTC ]
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Boris Pasternak’s great-niece Anna claims Lara Prescott’s The Secrets We Kept copied her biography of Pasternak’s loverPublisher Penguin Random House has dismissed claims that Lara Prescott, a debut novelist who received a $2m (£1.6m) advance for her novel about the publication of Boris... Continue reading at The Guardian
[ The Guardian | 2019-10-01 15:39:25 UTC ]
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Penguin Random House says claims by Boris Pasternak’s great niece that parts of Lara Prescott’s debut novel plagiarise her work are “unfounded” and will be “robustly defended”. Continue reading at The Bookseller
[ The Bookseller | 2019-10-01 13:11:52 UTC ]
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Penguin Random House Children’s head of marketing Vicky Photiou has joined Michael Joseph as marketing director, replacing Louise Jones who moves to Ebury. Continue reading at The Bookseller
[ The Bookseller | 2019-09-30 12:36:32 UTC ]
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The following cartoons are from Liana Finck’s new book, Excuse Me, which compiles hundreds of her drawings from Instagram and The New Yorker over the last few years. * __________________________________ From the book Excuse Me by Liana Finck. Copyright © 2019 by Liana Finck. Published by Random... Continue reading at Literrary Hub
[ Literrary Hub | 2019-09-24 08:48:06 UTC ]
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Tom Harty sounds like a guy who thought he’d bought a shiny new car, only to find out the engine had been removed right before he wrote the check. And who then failed to report the theft to his insurance company in a timely manner. Earlier this month, the Meredith CEO made some revealing... Continue reading at Publishing Executive
[ Publishing Executive | 2019-09-16 13:41:06 UTC ]
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Dan Franklin, associate publisher at Jonathan Cape, is due to retire after 26 years at the Vintage imprint. Continue reading at The Bookseller
[ The Bookseller | 2019-09-16 09:22:10 UTC ]
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Margaret Atwood's The Testaments has sold a record-breaking 125,000 copies in all combined formats in the US in its first week on sale, according to Penguin Random House US. Continue reading at The Bookseller
[ The Bookseller | 2019-09-15 23:13:54 UTC ]
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Penguin Random House UK Children’s has scooped a 'subversive YA' modern-day reimagining of Tolstoy's Anna Karenina (Penguin Classics). Continue reading at The Bookseller
[ The Bookseller | 2019-09-13 02:57:34 UTC ]
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[caption id="attachment_171101" align="alignright" width="150"] Luise Stauss[/caption] The Atlantic named Luise Stauss as its first director of photography this week. Stauss, who will be joining the recently-expanded art team led by creative director Peter Mendelsund, will be based out of The... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-12 20:19:23 UTC ]
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Penguin Random House imprint Century has snapped up boxing champion Tyson Fury’s "warts and all" autobiography. Continue reading at The Bookseller
[ The Bookseller | 2019-09-11 00:37:46 UTC ]
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Penguin Random House has announced a star-studded cast including "Fleabag" and "Game of Thrones" actors to narrate a new series of 50 Penguin Classics audiobooks. Continue reading at The Bookseller
[ The Bookseller | 2019-09-10 22:34:58 UTC ]
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J2 Global Acquires BabyCenter In case you missed it: late last week, Johnson & Johnson sold BabyCenter—the online parenting and pregnancy resource that claims to reach "7 in 10 new and expectant moms in the U.S." across its website, newsletters, social media channels and apps—to Everyday... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-06 18:12:01 UTC ]
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