F+W

F+W
Founded 1913
Founder Edward Rosenthal
Country of origin United States
Headquarters location New York City, New York
Publication types Magazines, Books
Owner(s) Tinicum
No. of employees 700
Official website www.fwmedia.com

F+W, formerly F+W Publications and F+W Media, is a media and e-commerce company headquartered in New York City.

Founded in 1913, F+W publishes magazines, books, digital products including e-books and e-magazines, produces online video, offers online education, and owns and operates 21 e-stores, as well as consumer and trade shows.[1]

History

F+W was named after two of its early publications: Farm Quarterly and Writer's Digest.[2] The company grew though a series of acquisitions, including book publisher David & Charles, Krause Publications in 2002, Horticulture magazine, and Adams Media in 2003.[3] The private equity firm ABRY Partners purchased F+W in 2005.[4] On August 1, 2012 F+W Media acquired Interweave, an arts and crafts media company based in Loveland, Colorado.[5] In 2014, F+W Media acquired New Track Media, renamed itself F+W, and was acquired by the private equity company Tinicum.[6][7][8] Originally a company founded and based in Cincinnati, Ohio, the new CEO felt it necessary to relocate the headquarters to New York, New York, in order to attract more business with the new address.

The company underwent a major strategic shift in 2008, responding to falling print revenues by focusing on ecommerce activities and offering products and services related to the content of its magazines. The ecommerce business grew from one store with $6 million in revenue in 2008 to 31 ecommerce stores with more than $65 million for 2015.[9]

The company underwent a management shakeup in early 2018, with CEO Tom Beusse, COO Joe Siebert, and CTO Joe Romello leaving the company.[10]

Overview

F+W Media is a special interest content provider and marketer of enthusiast magazines, books, conferences, trade shows, and interactive media properties.

F+W's special-interest categories include art, crafts, mixed media, writing, genealogy, antiques and collectibles, graphic design, hunting.[1] In 2011 the Company entered the fiction market[11] with the acquisition of Tyrus Books.[12] In 2012, the company launched imprints in romance[13] (Crimson Romance) and young adult fiction[14] (Merit Press).[15]

Publications are organized around some 20 community-based units, each of which focuses on a particular special interest category. The company also publishes about 600 new book titles annually, and has a library of some 4000 titles.

Its brands are F&W Media International, Impact Books, Krause Publications, North Light Books, Writer's Digest and Interweave Press.

Magazine titles

References

  1. 1 2 "F&W Publications Retains Veronis, Suhler & Associates to Explore Strategic Options". Business Wire. 1999. Retrieved 2011-04-05.
  2. ↑ F&W Publications, Inc.
  3. ↑ Baker, Don (2002). "F&W INC. TO ACQUIRE PUBLISHER KRAUSE". The Cincinnati Post. Cincinnati, OH. Retrieved 2011-04-05.
  4. ↑ Newberry, Jon (2005). "F&W PUBLICATIONS NOW OWNED BY MEDIA GROUP". The Cincinnati Post. Cincinnati, OH. Retrieved 2011-04-05.
  5. ↑ "F+W Media Announces Acquisition of Interweave". Press Release. F+W Media. Retrieved 16 September 2012.
  6. ↑ F+W Media Buys New Track Media
  7. ↑ F+W Media Undergoes Corporate Rebrand
  8. ↑ F+W Sells Majority Stake to Private Investment Firm Tinicum
  9. ↑ Wilson, Dennis (2015). "Corner Office: F+W Chairman & CEO David Nussbaum on the Company's Decisive Strategic Shift Toward Ecommerce". Publishing Executive. Philadelphia, PA.
  10. ↑ Anderson, Porter (2018). "F+W Media Staffers Learn in a Memo That Top Executives Have Left Company". Publishing Perspectives. New York, NY.
  11. ↑ http://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/47023-f-w-buys-tyrus-books-launches-crime-vertical.html
  12. ↑ "Publishers Weekly". Publishers Weekly. 27 April 2011.
  13. ↑ "Digital Imprints Take Root". Publishers Weekly.
  14. ↑ http://www.publishersweekly.com/pw/by-topic/childrens/childrens-industry-news/article/51867-mitchard-to-oversee-ya-imprint-for-f-w.html
  15. ↑ "Publishers Weekly". Publishers Weekly. 8 May 2012.
  16. ↑ Botelho, Stefanie (December 12, 2011). "F+W Media Acquires Script Magazine from Final Draft Inc". Folio Mag. Retrieved November 28, 2017.
  17. ↑ Spinningdaily.com
  18. ↑ "Archives of Story Magazine and Story Press, 1931-1999". Princeton University Manuscripts Division. Princeton University Library. Retrieved November 28, 2017. After a twenty-year hiatus, Story was revived in 1989 as a quarterly magazine by publisher Richard Rosenthal and editor Lois Rosenthal, his wife. With the sale of F & W Publications, the Rosenthals ended their stewardship of Story in 1999.
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