Lottery funds in the UK have generated more than £1.85 million for Book Aid International, and F+W Media’s assets in arts and crafts go to Peak Media.
Industry Notes: PRH Completes F+W Media Buy, MIT Reports Boost in Journals
The list of more than 2,000 nonfiction titles from F+W Media now is part of Penguin Publishing Group, as MIT Press touts jumps in 2018 impact factors.
F+W Media To Present Winning Community Bids to Bankruptcy Court
A list of successful bidders on F+W Media community properties goes to bankruptcy court for approval in a hearing. Highest bid: $2.9 million for crafts.
Penguin Random House Buys F+W Media’s Books at Auction
Penguin Random House is acquiring the book publishing assets of F+W Media, which include the Writer’s Digest catalog. Communities to be auctioned separately June 13.
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.
F+W Media Staffers Learn in a Memo That Top Executives Have Left Company
‘Tom Beusse, Joe Siebert and Joe Romello left F+W as of yesterday,’ says a memo to the F+W Media staff from consultant Greg Osberg, who adds that he is serving as interim CEO.
Elves Off the Shelf: Parody of Bestseller Approved by Judge
By Dennis Abrams The busy worker elves at F+W Media and its Adams Media line are undoubtedly breathing a heavy sigh of relief (and counting their more than $167,000 in anticipated profits). CCA and B, the publisher of the best-selling title, Elf on the Shelf, had filed suit in June against the media company asking for a temporary restraining order …
Is the Print-and-Pray Model of Book Publishing Dead?
By Edward Nawotka Publishers typically can’t predict bestsellers. Wouldn’t a better model be to bring the customers to them first? Today’s lead story looks at F+W Media’s development of vertical market communities. The traditional model of book publishing has been “horizontal”: print, distribute (usually through intermediaries), publicize and hope for the best. The “vertical” model is predicated to a large …