F&W Media Files For Bankruptcy

[commishbob]

Tough times for print media in general. My wife somehow got on someone's mailing list and she's been receiving 7 or 8 magazines every month for the past year. None of which she ordered or even had ever read. As far as I know they haven't even tried to get us to be paid subscribers. I guess they just want copies out there in people's hands.

I signed up for SCD about a year ago. I did so because I missed having a hobby publication to page through. Back in the day I received all of them and loved it. I've already decided not to renew SCD when my sub comes up because, frankly, there's not a lot to read in each issue. Too much of it is auction recaps which really don't interest me. MAYBE every other issue has something worth the cover price.

[Leon]

Almost all print is having a tough time.

[Yastrzemski Sports]

$2 million on hand, $105 million in debt. What a mess. I don’t know how people keep extending credit to a company that upside down and I feel for all those who did and are going to lose through no fault of their own.
I’m sure everyone here has had a subscription to scd at some point. I think my first subscribed back in 1987 or so when I was in high school. Or sucks to lose an institution and hobby mainstay. This was obviously a small piece of this companies media catalogue but it meant much more than that to us.

[GoldenAge50s]

Here's another short article from eCOMbytes:

https://www.ecommercebytes.com/2019/...ine-publisher/

[bbcard1]

There's a enormous amount of opportunity there if one wanted to pick up where they left off. An entrepreneur could do so without the weight of the legacy structure.

[Leon]

I still wish Old Cardboard did their print magazine. But it is the way of the day, I guess. Everything is online and on a cellphone (yuck). Here is some print....



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[Rich Klein]

One of my old hobby friends, who is an attorney, just posted a link to a Bankruptcy Court update on Facebook.

There is nothing apparently positive in the current bankruptcy situation for F&W (No Buyers)

It's a sad day in hobby history and hopefully a buyer will be found for F&W

Regards
Rich