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 ]
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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Brooks has been named associate publisher and Jackson has been elevated to editorial director of fiction, among other personnel changes following the May "restructure" of the Knopf Doubleday Publishing Group that saw the exit of Knopf publisher Reagan Arthur and Pantheon Schocken publisher Lisa... Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-12 04:00:00 UTC ]
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A bestselling author takes on the bots, Penguin Random House acquires a comics publisher, an epic bookstore roadtrip, and more. Continue reading at Book Riot
[ Book Riot | 2024-07-11 15:00:00 UTC ]
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Christian Jünger has been named CEO of Penguin Random House’s German publishing group, Penguin Random House Verlagsgruppe. Jünger has been managing director of the Holtzbrinck Publishing Group’s Rowohlt Verlag division since 2021, and will join PRH on October. 1. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-09 04:00:00 UTC ]
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Morton, who joined Rizzoli International Publications in 1987 and was named associate publisher in 2008, published titles by such leading architects as Frank Gehry, Zaha Hadid, and I.M. Pei. He died on June 27, a day shy of his 90th birthday. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-02 04:00:00 UTC ]
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Time has joined a growing number of publications to sign a licensing deal with OpenAI. The ChatGPT creator will legally be able to train its large language models on 101 years worth of the storied publication's journalism, as Axios first reported. OpenAI will also have access to real-time... Continue reading at Engadget
[ Engadget | 2024-06-27 14:40:58 UTC ]
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Bend, Ore.–based publisher Blue Star Press's purchase of Sasquatch Books from Penguin Random House earlier this month is the latest effort by the company's cofounder and CEO Peter Licalzi to build a mid-size independent publisher. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-21 04:00:00 UTC ]
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Sara Goodman and Eileen Rothschild, VPs and editorial director and associate publisher, respectively, at the young adult imprint Wednesday Books, will also head up Saturday, which will publishing 10–12 titles annually for readers aged 18–30. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-17 04:00:00 UTC ]
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In the last few months, news organizations have leapt into bed with OpenAI, hatching Faustian bargains where the cash-strapped media industry exchanges a monetary pittance for OpenAI's right to scrape and integrate their content into things like ChatGPT. Those that have signed in blood include... Continue reading at Engadget
[ Engadget | 2024-05-29 16:21:28 UTC ]
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The 2024 Carol Shields Prize for Fiction goes to V. V. Ganeshananthan for her Penguin Random House release, Brotherless Night. The post V. V. Ganeshananthan Wins the $150,000 Carol Shields Prize appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-05-22 17:15:43 UTC ]
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Two top editors at Penguin Random House are leaving as the country’s leading trading publisher continues to transform during a period of uncertain revenues and generational change Continue reading at ABC News
[ ABC News | 2024-05-21 00:54:12 UTC ]
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Following its acquisition of Taunton Press in December, the enthusiast magazine publisher Active Interest Media has sold the Taunton Books imprint to Abrams. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-05-15 04:00:00 UTC ]
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