F&W Media Files For Bankruptcy

[Rich Klein]

I'm a print guy but the world has changed.

Recently I saw a 1991 copy of the Dallas Morning News and it had something like 17 sections on a Sunday and I think Saturday had like 10 and weekdays like 12.

I noticed that because while having lunch on a recent Saturday at Cowboy Chicken. the Metro (DFW) and Business section were combined. There were like 3-4 total sections. Period, end of sentence.

I think in a couple of years we'll have 2 sections: 1) News (Local, National and International with Business Included)
2) Sports

Many daily papers in small areas. if they still exist. are down to ONE section

The printed word is diminishing every day.

[toppcat]

If they start selling off remaining assets, someone could buy the Standard Catalog rights and database I assume.

[Leon]

It would be great if someone would buy the database rights but I am not sure it's a winning proposition for anyone. Kids (and too many adults) are too addicted to their phones to pick up a book.

Originally Posted by toppcat

If they start selling off remaining assets, someone could buy the Standard Catalog rights and database I assume.

[BeanTown]

Onething SCD did not do, which I wished they had, was to digitize all their weekly papers they did from the 90s. Bob Lemke was frustrated about this I know too, as I wanted to read some old articles he did. I recall there was no way to see them in any archives.

[steve B]

Originally Posted by Leon

It would be great if someone would buy the database rights but I am not sure it's a winning proposition for anyone. Kids (and too many adults) are too addicted to their phones to pick up a book.

The database would be the thing to buy, as it could be used for an online catalog.

[BumBum]

It seems strange that they filed this as a Chapter 11 (reorganization) with such a dire financial situation. At least they seem hopeful that there is a path to continue operation. But if they convert to a Chapter 7 (liquidation), it is game over. All assets will be sold at that point.

[Leon]

A last gasp of air? It is too bad too. I like some print stuff and it is just becoming a dinosaur. Even my car magazines I have taken forever, Road and Track and Motor Trend, are skeletons of their former size.

Originally Posted by BumBum

It seems strange that they filed this as a Chapter 11 (reorganization) with such a dire financial situation. At least they seem hopeful that there is a path to continue operation. But if they convert to a Chapter 7 (liquidation), it is game over. All assets will be sold at that point.