The Craft Store TV has made its official press release on its Facebook page regarding it buying Create and Craft TV.
From the screenshot
We have some exciting news to share!
Hochanda Global Limited who own The Craft Store, have acquired, and partnered with Create and Craft!
For now, you will not see much change and you can continue to watch, enjoy and shop your favourite brands in the same way that you always have.
There will be lots more news to come of how The Craft Store and Create and Craft will grow together, and we hope will take your enthusiasm and passion for crafting to a whole new level! 
