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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Hodder & Stoughton has acquired The Rehearsals, described as a high-concept love story that follows a couple who find themselves forced to keep re-living the day of their wedding rehearsal over and over. Continue reading at The Bookseller
[ The Bookseller | 2020-05-27 10:09:35 UTC ]
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Granta Books has acquired lecturer Alex Hyde’s first novel, Violets, in a four-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-05-19 06:51:31 UTC ]
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Claudia Winkleman's debut book Quite has been snapped up by HQ following a 14-publisher auction. Continue reading at The Bookseller
[ The Bookseller | 2020-05-06 14:55:00 UTC ]
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Viking has scooped an “urgent clarion call” for the British farming industry by Sarah Langford in a three-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-05-06 01:34:01 UTC ]
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Hachette Books Ireland has acquired former state pathologist Dr Marie Cassidy's memoir in a six-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-05-01 00:07:05 UTC ]
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Weidenfeld & Nicolson has acquired Moth by debut author Melody Razak, a "dark and sweeping" story of pre-partition India, in a three-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-04-26 13:47:24 UTC ]
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Pushkin Children’s Books has triumphed in a four-publisher auction for two novels in a series from debut author Daisy May Johnson. Continue reading at The Bookseller
[ The Bookseller | 2020-04-24 03:45:59 UTC ]
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Hodder has acquired the rights to "a history of time" from watchmaker and historian Rebecca Struthers following a "fiercely fought", seven-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-04-21 00:29:45 UTC ]
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Hodder & Stoughton has won a seven-way auction to acquire rights to Infinity in a Reed, an account of the invention of books in the ancient world by classicist Irene Vallejo. Continue reading at The Bookseller
[ The Bookseller | 2020-04-06 12:33:34 UTC ]
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Raven Books has won the American noir classic, Nightmare Alley, in a “hotly contested” six-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-03-27 09:22:48 UTC ]
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W&N is publishing Irish author Cathy Sweeney's debut collection of short stories, described as a "look at the world from a lopsided perspective", following a "heated" auction. Continue reading at The Bookseller
[ The Bookseller | 2020-03-27 07:58:19 UTC ]
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Bloomsbury Publishing has won Imogen Crimp’s debut novel, The High Notes, in a four-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-03-17 18:04:44 UTC ]
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Weidenfeld & Nicolson editorial director Federico Andornino has acquired UK & Commonwealth rights (excluding Canada) in Tiffany McDaniel’s Betty. Continue reading at The Bookseller
[ The Bookseller | 2020-03-12 02:17:27 UTC ]
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The Bodley Head is to publish Lucy Foulkes’ corrective on mental illness after a six-way auction. Continue reading at The Bookseller
[ The Bookseller | 2020-03-06 23:10:14 UTC ]
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Penguin Life has triumphed in a five-way auction to publish The Modern House by design writers and entrepreneurs Matt Gibberd and Albert Hill. Continue reading at The Bookseller
[ The Bookseller | 2020-03-05 17:45:16 UTC ]
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HarperNonFiction has won a six-way auction for the "unflinching" memoir of Vanessa Frake, the former governor of one of Britain’s most notorious prisons. Continue reading at The Bookseller
[ The Bookseller | 2020-03-03 05:40:46 UTC ]
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Miami Herald and Kansas City Star publisher has suffered as readers give up traditional subscriptions and get news onlineThe publisher of the Miami Herald, the Kansas City Star and dozens of other newspapers across the country is filing for bankruptcy protection. Related: Controversy rages over... Continue reading at The Guardian
[ The Guardian | 2020-02-13 14:36:40 UTC ]
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Bloomsbury Continuum has won a five-way bidding war for a “manifesto for modern masculinity” by Book of Man founder Martin Robinson. Continue reading at The Bookseller
[ The Bookseller | 2019-12-15 15:29:43 UTC ]
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Irish poet Elaine Feeney’s "dazzlingly inventive" debut novel As You Were will be published by Harvill Secker following an auction. Continue reading at The Bookseller
[ The Bookseller | 2019-12-02 15:33:42 UTC ]
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The Brontë Society in Haworth has won an auction to bring one of Charlotte Brontë’s rare ‘little books' back home. Continue reading at The Bookseller
[ The Bookseller | 2019-11-18 12:51:15 UTC ]
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