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Publisher F+W Media Files for Bankruptcy Protection

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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.

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Comments

  1. 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?

Knitting Pattern Review: Sabai Top by PaulaStrickt

Trending now — and for good reason!

Alright fellow knitters, if you’ve been scrolling through Instagram or Pinterest lately, you’ve probably spotted the Sabai Top popping up everywhere. And let me tell you — the hype is totally justified. This lightweight, drapey top by PaulaStrickt has quickly become a must-knit, and it’s easy to see why.

The Sabai Top has that magical mix of style and simplicity. With its elegant A-line shape, soft rolled neckline, and relaxed fit, it flatters every body and suits just about every wardrobe. It’s knit top-down in the round, which means no seams (yes please!), and it flows beautifully thanks to its clever shaping.

It’s ideal for warmer weather and perfect for layering. I’ve seen it styled casually over jeans or thrown over a sundress, and honestly? It looks stunning every single time. That easy, wearable style is what’s made this one take off in the knitting world right now.

PaulaStrickt’s instructions are beautifully laid out, with both English and German versions included. It’s written with clarity and care, and includes helpful photos throughout. I’d say it’s best for confident beginners and up — if you’re comfortable knitting in the round and shaping, you’ll be right at home.

The sizing is generous and inclusive, and it’s so adaptable with different fibres. Linen, cotton, bamboo blends — they all shine in this pattern. I’ve cast on with a blush cotton-linen from my stash, and it’s knitting up like a dream.

This is one of those patterns you just know you’ll make more than once. The fit, the drape, the ease… it’s everything I want in a handmade top. No wonder it’s trending — it’s the kind of timeless knit that never really goes out of style.