Penguin Random House Buys F+W Media's Books at Auction - Publishing Perspectives

Panzer was tootling around in the Panzermobile in the Catosphere when he heard crying and whining outside. Following all the noise took our brave kitty to the Publishing Perspectives site. With a little digging in the posts he discovered one about F+W Media's Chapter 11 bankruptcy.

I don't care what they say. It won't be the same.

According to Publishing Perspective's Editor-in-Chief Porter Anderson, Penguin Random House has announced through a press release the company's acquisition of F+W Media's publishing assets through a bankruptcy auction. The publishing assets include F+W Books. F.W Books has over 2,000 nonfiction books which includes Writer's Digest Books as well as other crafts and arts books. Later this week (June 13) will be the auctioning of F+W Communities by the bankruptcy court. This will include the magazines, webinars, and other forms of communications. The post includes a link to an earlier post about F+W Media and links to information about some of F+W's books.

Panzer says, "This little kitty wonders if the writers of all those books will still get their royalties on time?"

Note: This is a long-medium length post. Bring a cup of tea and a muffin for today's reading selection. If you follow the links included in the post, bring another cup of tea and another muffin. Oh, and, if you have been a reader of Writer's Digest books or magazine, you might want to bring a hankie for your tears at the passing of a long time writers' friend.

To read the post tootle over to Penguin Random House