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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Hamlyn, part of Octopus Publishing Group, has acquired the official book of ITV2’s "Love Island" following a "hotly contested" auction. Continue reading at The Bookseller
[ The Bookseller | 2017-07-29 00:00:00 UTC ]
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Fourth Estate has snapped up a debut "coming-of-age" novel set in Ghana and Brixton at auction. Continue reading at The Bookseller
[ The Bookseller | 2017-07-27 00:00:00 UTC ]
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Usborne has snapped up a Russian folklore-inspired middle grade fantasy following a “hotly contested four-way auction”. Continue reading at The Bookseller
[ The Bookseller | 2017-07-18 00:00:00 UTC ]
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Portobello Books has acquired The End of Bias, a "ground-breaking" book by American journalist Jessica Nordell following a "heated" nine-way auction. Continue reading at The Bookseller
[ The Bookseller | 2017-07-18 00:00:00 UTC ]
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The Bodley Head has won an eight-publisher auction to publish Entangled Life, a "literary and scientific journey" into the world of fungi. Continue reading at The Bookseller
[ The Bookseller | 2017-07-12 00:00:00 UTC ]
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Sphere has won an auction for debut thriller writer Vanessa Savage in a six-figure deal for two books. Continue reading at The Bookseller
[ The Bookseller | 2017-07-06 00:00:00 UTC ]
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Pan Macmillan has won two books by Shahroo Izadi following a "hotly contested" five-publisher auction, with the first title, The Kindness Method, set to be the imprint's lead title in May 2018. Continue reading at The Bookseller
[ The Bookseller | 2017-06-24 00:00:00 UTC ]
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Hodder & Stoughton has acquired two books by poet Claire Askew, winner of the 2016 Lucy Cavendish Prize, following a four-way auction. Continue reading at The Bookseller
[ The Bookseller | 2017-06-09 00:00:00 UTC ]
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Hay House UK has won the rights to publish Gabrielle Bernstein’s new book The Judgement Detox after a “heated” five-way auction. Continue reading at The Bookseller
[ The Bookseller | 2017-05-16 00:00:00 UTC ]
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In a "hotly contested" auction, Cornerstone has acquired a book of strange-but-true trivia authored by the "QI elves" behind weekly podcast "No Such Thing As A Fish". Continue reading at The Bookseller
[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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Group plays down significance of information stumbled upon by staff union, but agrees to consult further with MEAAFairfax Media is planning another restructure of the Age and Sydney Morning Herald newsrooms, according to a secret document discovered by the staff union.However, the publisher has... Continue reading at The Guardian
[ The Guardian | 2017-03-31 00:00:00 UTC ]
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Bonnier Publishing division Hot Key Books has acquired the debut novel by US author Alyssa Hollingsworth at auction. Continue reading at The Bookseller
[ The Bookseller | 2017-01-20 00:00:00 UTC ]
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As magazine media continues to change and leaders in the field wrangle emerging technologies, there were several major wins this year. The post Media Execs On Their Biggest Wins of 2016 appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-12-23 00:00:00 UTC ]
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Faber & Faber has acquired The City That Fell of a Cliff by historian Matthew Green following a "heated" nine-way auction. Continue reading at The Bookseller
[ The Bookseller | 2016-12-20 00:00:00 UTC ]
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William Heinemann has acquired Biased: The New Science of Race and Inequality by social psychologist Dr Jennifer Eberhardt at auction. Continue reading at The Bookseller
[ The Bookseller | 2016-12-16 00:00:00 UTC ]
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Picador has acquired Ponti by Sharlene Teo, winner of the inaugural Deborah Rogers Writers’ Award for an unpublished writer, after a seven-way auction. Continue reading at The Bookseller
[ The Bookseller | 2016-11-18 00:00:00 UTC ]
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William Collins has acquired the "free-wheeling history of the women who made modern Britain" by Channel 4 News anchor Cathy Newman after a "hotly contested" auction. Continue reading at The Bookseller
[ The Bookseller | 2016-11-08 00:00:00 UTC ]
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Fourth Estate is to publish Slay in Your Lane, a guide to life for a generation of black British women by Yomi Adegoke and Elizabeth Uviebinene. Continue reading at The Bookseller
[ The Bookseller | 2016-10-25 00:00:00 UTC ]
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Hachette Children’s Group, along with Hachette US and Hachette Australia, has won an eight-publisher Frankfurt auction to acquire debut children’s author Jessica Townsend. Continue reading at The Bookseller
[ The Bookseller | 2016-10-22 00:00:00 UTC ]
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Picador has won a debut novel by A J Pearce, Dear Mrs Bird, after a "passionately-fought" seven-publisher auction. Continue reading at The Bookseller
[ The Bookseller | 2016-10-08 00:00:00 UTC ]
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