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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.

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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?

Knits for the Table for Thanksgiving and Beyond

As we get into the part of the year with a lot of food-forward holidays, it might be time to start thinking about knitting some new things for your table. While a few of these are more fall/Thanksgiving focused, just changing up the colors would make others work for Christmas, or keep it neutral and use them all year long. 

What got me started thinking about this was the lovely and simple Fresh Bread Dishtowel, a free pattern from Purl Soho. Worked in a lovely cotton and linen blend, the towel is mostly stockinette stitch with a bit of texture on the borders. 

You could use this same kind of pattern to make anything from placemats to a table runner, but let’s look at some specific patterns for those kinds of projects as well. 

The easy moss stitch table runner from Glass Bird Knits is beginner friendly can can easily be modified to fit your table (or, again, to make placemats instead of or in addition to a runner). This version is worked in macrame cord, but you could also use bulky yarn. 

Emielle Design has a garter stitch runner pattern that’s made with braided cotton cord for a lot of texture without a lot of work. But be sure to take a lot of breaks when knitting with cord because it can be rough on your hands!

I also love the diamond pattern on the Hamilton Table Runner from Wyndlestraw Designs. It calls for a DK weight cotton and linen blend yarn and comes in three sizes with different widths and lengths. The pattern has both written and charted instructions. 

Amy Marie’s Table Pumpkins (on Ravelry) is a fun mosaic knitting pattern that would be great to use as a table runner through the fall and for Thanksgiving. It uses a worsted weight cotton yarn in two colors, and you can make it as long as you like for your table. 

The no cable knit placemats from Yarn Culture Studio have a fun faux cable look that would be great for the table through the fall and winter. 

Or here’s another pattern from Wyndlestraw Designs, this time for an easy knit and purl stitch placemat pattern that looks different but still good on both sides. It calls for worsted weight cotton and comes in two sizes for placemats, but also has instructions for coasters, a hot pad and a table pad all using the same stitch.

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