According to a post by Craft Industry Alliance, F+W Media has filed bankruptcy.
Read the post below.
Major craft publisher F+W Media has filed for Chapter 11 bankruptcy.
A combination of declining subscriptions and ad revenue, plus a misguided effort to shift into ecommerce, led to a whole lot of debt.craft
Get the full story (and find out if you’re a creditor – many craft business owners are).
Link: https://craftindustryalliance.org/fw-media-files-for-bankruptcy/