F&W Media Files For Bankruptcy

[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.