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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Michael Joseph has won a new debut thriller, The Chalk Man by C J Tudor, in a nine-way publisher auction. Continue reading at The Bookseller
[ The Bookseller | 2016-09-29 00:00:00 UTC ]
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Sphere Fiction has won a "hotly-contested" six-way auction to publish Eva Woods' "life-affirming" story of love, loss and female friendship, How to be Happy, in October 2017. Continue reading at The Bookseller
[ The Bookseller | 2016-09-08 00:00:00 UTC ]
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Hutchinson has acquired Everywoman: One Woman’s Truth About Speaking the Truth by Labour MP Jess Phillips, following a "heated" six-way auction. Continue reading at The Bookseller
[ The Bookseller | 2016-07-26 00:00:00 UTC ]
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A debut psychological suspense novel by Riley Sager has been snapped up by Ebury Fiction after a "heated" seven-way auction. Continue reading at The Bookseller
[ The Bookseller | 2016-07-23 00:00:00 UTC ]
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Picador has won an "inspiring" account of a modern pilgrimage, The Crossway by Guy Stagg, at a "strongly-contested" auction. Continue reading at The Bookseller
[ The Bookseller | 2016-07-20 00:00:00 UTC ]
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Viking is publishing three novels by a debut crime writer, Cara Hunter, following a "hotly contested" auction. Continue reading at The Bookseller
[ The Bookseller | 2016-05-10 00:00:00 UTC ]
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Granta Books has acquired Strange Heart Beating, a "remarkable" debut novel by Eli Goldstone, at auction. Continue reading at The Bookseller
[ The Bookseller | 2016-05-04 00:00:00 UTC ]
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Kathryn Schulz and Emily Nussbaum win for Feature Writing and Criticism, respectively. The post The New Yorker Wins Two Pulitzers in a First for Magazine Media appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-04-19 00:00:00 UTC ]
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The consumer, not the print magazine, now resides at the hub of the business model. The post The Untold Story of How Magazine Media is Winning appeared first on Folio:. Continue reading at Folio Magazine
[ Folio Magazine | 2016-03-02 00:00:00 UTC ]
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Orion is publishing the darkly comic sketches of a 22-year-old illustrator exploring struggles with mental health, following a five-way auction. Continue reading at The Bookseller
[ The Bookseller | 2016-02-20 00:00:00 UTC ]
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Transworld has acquired a debut thriller, The Couple Next Door, in a "hotly contested" auction. Continue reading at The Bookseller
[ The Bookseller | 2016-01-14 00:00:00 UTC ]
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Transworld has acquired two new books by National Geographic explorer Lucy Cooke. Continue reading at The Bookseller
[ The Bookseller | 2015-11-28 00:00:00 UTC ]
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Pan Macmillan has acquired the Dales Detective series by Julia Chapman following a three-way auction. Continue reading at The Bookseller
[ The Bookseller | 2015-11-12 00:00:00 UTC ]
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Virgin Books has acquired a title by the founder of Medical Detection Dogs, in a “hotly contested auction”. Continue reading at The Bookseller
[ The Bookseller | 2015-09-26 00:00:00 UTC ]
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Publishers are jumping into events as a way to generate a new source of revenue as traditional advertising becomes harder to come by. But inevitably, as more players pile into this space, it becomes harder to stand out. Continue reading at Editor & Publisher
[ Editor & Publisher | 2015-09-15 00:00:00 UTC ]
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Mantle has acquired two novels by Kate Eberlen in a seven-way auction. Associate publisher Sam Humphreys bought UK and Commonwealth rights to Miss You and one other book from Mark Lucas at LAW. Miss You, which Pan Macmillan's Mantle imprint will publish next year, tells the story of Tess and... Continue reading at The Bookseller
[ The Bookseller | 2015-08-04 00:00:00 UTC ]
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Jonathan Cape has acquired at auction a “biography of the 1919 Spanish ‘flu pandemic’”. Alex Bowler, editorial director at Jonathan Cape, bought world rights after a three-way auction to Laura Spinney’s book from David Miller at Rogers, Coleridge & White. Bowler said: “Laura’s aim is a... Continue reading at The Bookseller
[ The Bookseller | 2015-06-18 00:00:00 UTC ]
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Transworld has acquired a post-Holocaust love story by Hungarian author Péter Gárdos, said to be "the talk of London Book Fair", in a nine-way auction. Jane Lawson, editorial director at Doubleday, bought UK and Commonwealth rights, excluding Australia New Zealand, for Fever at Dawn, in a... Continue reading at The Bookseller
[ The Bookseller | 2015-05-12 00:00:00 UTC ]
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Jane Lawson at Doubleday U.K. has signed Hungarian novel Fever at Dawn Péter Gárdos, winning a heated auction between nine publishers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2015-05-11 00:00:00 UTC ]
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Bloomsbury editor-in-chief Aleandra Pringle has bought a new novel from US writer Nicole Krauss, titled Late Wonder. The buy, together with a collection of short stories titled How to Be a Man, was made at auction from Zoe Waldie at Rogers, Coleridge & White, in association with Melanie... Continue reading at The Bookseller
[ The Bookseller | 2015-05-09 00:00:00 UTC ]
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