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Publisher F+W Media Files for Bankruptcy Protection

March 15, 2019 by Sarah White

interweave parent files for bankruptcyF+W Media, the publisher of many craft and hobby related publications, including Interweave books and magazines, filed for bankruptcy protection, citing changes in the industry and mismanagement for their financial problems.

The company has said it plans to sell off parts of the company in order to pay its creditors, including its communities group and its books division.

There is no word yet on whether any of the company’s magazines will cease publication, though it was reported that subscriptions across its properties have dropped from 33.4 million in 2015 to 21.5 million in 2018 (and ad revenue dropped from $20.7 million to $13.7 million in the same time period).

And while a lot of the crafting community has moved online, that hasn’t been a successful proposition for F+W (which also publishes titles like Writers’ Digest and Popular Woodworking). In just the crafts sector, the company spent $6 million in its online efforts and only generated $3 million in revenue.

It will be interesting to see what happens. Of course we always hope for the best for crafting publications and the industry as a whole, but as things continue to change companies will have to evolve in ways that are profitable and effective and inspiring for crafters.

Next Pattern:

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  • Joann Files for Bankruptcy Again
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Comments

  1. Kaytee Sumida says

    March 17, 2019 at 12:04 am

    I’m still getting several emails a week encouraging me to subscribe to their magazines– Beadwork, Interweave Crochet, and several for which I have no interest in the crafts they feature. And they all require I be on an “automatic renewal” plan….

Have you read?

Summer Headband Knitting Patterns

Some knitters have trouble coming up with projects they can both knit and wear when it’s warm outside. Especially if you’re not ready for garments (thought tank tops and summer tops are great first garment projects!) it might seem like there’s nothing to do when it’s hot outside.

One way to remedy this situation is by knitting headbands. Headbands are great any time of year to keep hair out of your face and make you look a little more pulled together without any effort. Wider headbands double as ear warmers when it gets colder, but skinnier ones are great throughout the year.

A couple of great examples are from designer Elly Donner, who has a set of headband knitting patterns on Ravelry you can buy individually or as an ebook. Homebody, shown here, is worked in garter stitch (the ties are crocheted but you could also use I-cord), while Slipstream uses slipped stitches and garter ridges, and Sounds of Spring has little cables. The patterns use DK weight yarn and are a great way to use a little leftover yarn from another project.

I also recently came across the lovely Plush Braided Headband by Yevgeniya Li. A free pattern on Ravelry, this wider design is covered in lush cables for a sleek and fancy look. It uses worsted weight yarn and you can customize the length for a perfect fit.

Celeste Knitwear’s Spikelet is a simple twisted headband with columns of eyelet lace to keep it from being too heavy. It’s worked flat and sewn together to make the twist, and uses DK weight yarn. It has three sizes available.

This skinny lace headband from Lusi Knits is another cute choice. It calls for fine weight cotton yarn, but you could use heavier yarn if you have it on hand to make a wider headband (or use any fine yarn you have available). It uses ties to customize the fit.

And if you want to go super basic but still really cute, try the easy ring headband from Lulu Pattern. The sample is knit pretty wide, but you could make a narrower version if you want, and the little ring turns it from a plain loop into a bow with very little extra work. It calls for worsted weight yarn but you could also use whatever weight you like for this one to change up the look and size.

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