Thomson-Shore Files Chapter 11; Asset Sale Likely

Dexter, Mich.-based printer Thomson-Shore filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Michigan Southern Division earlier this week. If things go according to plan, its assets will be sold to the CJK Group. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2019-03-28 00:00:00 UTC ]
News tagged with: #bankruptcy court #cjk group

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Thomson-Shore Files Chapter 11; Asset Sale Likely

Dexter, Mich.-based printer Thomson-Shore filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Michigan Southern Division earlier this week. If things go according to plan, its assets will be sold to the CJK Group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bankruptcy court #cjk group


F+W Media Files Chapter 11, Will Sell Assets

A failed attempt to shift the magazine and book publisher's business to an e-commerce model has led F+W to sell both its books division, which has revenues of $22 million, and It's communities group, which had sales of almost $68 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-12 00:00:00 UTC ]
More news stories like this | News stories tagged with: #failed attempt #book publisher #books division #$22 million #$68 million


Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise Continue reading at ABC News

[ ABC News | 2023-05-15 11:47:06 UTC ]
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LSC Communications Files for Chapter 11 and Raises $100M in Liquid Capital

After weeks of credible speculation and reporting, LSC Communications announced clarity around its reorganization plans, which includes filing for Chapter 11 bankruptcy with the Southern District of New York. The company was left with few option after accumulating at least $893 million in... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-13 15:00:01 UTC ]
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LSC Files Chapter 11

LSC Communications, one of the country’s largest printers and its largest book printer, has filed for Chapter 11 bankruptcy. The company said it expects to operate normally as it works its way through the restructuring process. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #lsc communications #largest book


Tiger Oak Media Files for Chapter 11 Bankruptcy

Citing mounting vendor debt and declining revenue, Tiger Oak Media—the publisher of more than 30 regional and bridal magazines around the country—has filed for Chapter 11 bankruptcy protection, according to documents filed in U.S. Bankruptcy Court in Minnesota on Monday. The 26-year-old... Continue reading at Folio Magazine

[ Folio Magazine | 2019-10-10 14:55:27 UTC ]
More news stories like this | News stories tagged with: #reduce costs #net profit #faced accusations #tiger oak #interested parties


CJK Buys Thomson-Shore's Assets

The CJK Group has moved ahead with the purchase of the assets of Dexter, Mich.-based printer Thomson-Shore. The asset acquisition follows the March 25 bankruptcy filing of Thomson-Shore. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-13 04:00:00 UTC ]
More news stories like this | News stories tagged with: #cjk group


US Publisher F+W Media Has Hearing Today in Chapter 11 Protection Filing

Citing mismanagement and mistakes in its focus on e-commerce, the enthusiast-content company that created the Digital Book World and Writer's Digest lines, has a hearing today (March 12) in court. The post US Publisher F+W Media Has Hearing Today in Chapter 11 Protection Filing appeared first on... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-03-12 00:00:00 UTC ]
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Cengage files for Chapter 11

Cengage Learning has filed for Chapter 11 bankruptcy protection as part of a pre-arranged... Continue reading at The Bookseller

[ The Bookseller | 2013-07-03 00:00:00 UTC ]
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News Publishing Co. Files Chapter 11 Reorganization

News Publishing Co., parent corporation of the Rome News-Tribune, Calhoun Times, Walker County Messenger, Catoosa County News, Cedartown Standard and Rockmart Journal, has filed a petition for Chapter 11 reorganization. Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-01-03 00:00:00 UTC ]
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Paper Manufacturer NewPage Files for Chapter 11

Miamisburg, Ohio-based NewPage, one of the largest makers of magazine-quality paper, today Continue reading at Folio Magazine

[ Folio Magazine | 2011-09-08 00:00:00 UTC ]
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Summit Business Media To File for Chapter 11

Summit Business Media has joined the ranks of publishers seeking to reorganize and slash debt through a voluntary Chapter 11 bankruptcy. Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-26 00:00:00 UTC ]
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Vice files for bankruptcy protection amid cut-price sale to consortium

Digital publisher and owner of Vice News and Vice TV was once valued at $6bn but has agreed sale for $225mVice, the once high-flying media startup that reached a peak valuation of nearly $6bn (£5bn), has filed for bankruptcy protection in the US as the digital publisher engineers a cut-price... Continue reading at The Guardian

[ The Guardian | 2023-05-15 09:23:50 UTC ]
More news stories like this | News stories tagged with: #vice news #vice tv #bankruptcy protection #$6bn 5bn #digital publisher


National TV Ad Sales Shrank 11% This Year, But Are Bouncing Back

In the U.S. and around the world, the third quarter of 2020 wasn't a pretty one for traditional advertising revenue. But digital media is looking up. According to Magna's latest quarterly advertising forecast, U.S. linear advertising revenues for 2020 (which include linear TV, linear radio,... Continue reading at AdWeek

[ AdWeek | 2020-12-07 02:00:00 UTC ]
More news stories like this | News stories tagged with: #bouncing back #digital media


Total book sales fell 11% in first-half, PA stats show

Total book sales across the industry fell by 11% in the first six months of 2020, despite a big increase for fiction and a surge in digital formats, figures released by the Publishers Association (PA) show. Continue reading at The Bookseller

[ The Bookseller | 2020-11-13 17:51:49 UTC ]
More news stories like this | News stories tagged with: #digital formats #figures released #publishers association


2019 North American Comics Sales Rose 11%

Combined sales of graphic novels and comics periodicals reached $1.21 billion in North America in 2019, a new record, according to a joint estimate by trade news sites ICv2 and Comichron. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-30 04:00:00 UTC ]
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Sales fell 11% year-on-year in second quarter, Nielsen estimates

Book sales fell 11% by volume year-on-year in the second quarter of 2020, estimates by Nielsen suggest, although there have been gains on 2019 since bookshops reopened. Continue reading at The Bookseller

[ The Bookseller | 2020-07-05 21:42:39 UTC ]
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Educational Publishers File Suit to Block Sale of Pirated E-books

The country's largest educational publishers have filed a lawsuit seeking to stop pirate sites from illegally selling their e-books and have won a temporary restraining order. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-26 05:00:00 UTC ]
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Barnes & Noble says lawsuits 'lack merit' as shareholders file against sale

Shareholders have filed two lawsuits against Barnes & Noble in a legal row over the sale as the book retailer insists the complaints "lack merit".  Continue reading at The Bookseller

[ The Bookseller | 2019-07-23 16:58:40 UTC ]
More news stories like this | News stories tagged with: #barnes noble #book retailer


New chapter? UK print book sales fall while audiobooks surge 43%

Publishers hit by surprise 5.4% fall in 2018 – but warn against proclaiming terminal declineUK book sales fell for the first time in five years in 2018, despite the success of bestsellers such as Michelle Obama’s autobiography, Becoming.The UK publishing industry was hit by a surprise fall of... Continue reading at The Guardian

[ The Guardian | 2019-06-25 23:01:37 UTC ]
More news stories like this | News stories tagged with: #michelle obama #physical books #publishing industry #print book