Penguin Random House has been selected as the winning bidder in the bankruptcy sale of the book publishing assets of F+W Books. The bid is expected to receive approval from the bankruptcy court on June 10, in which case the sale should close before the end of June. The books division had sales of approximately $22 million in 2018 (80 percent in the US, and 20 percent in the UK). The F+W backlist comprises over 2,000 titles, across imprints including Family Tree, IMPACT, Interweave, Krause Publications, North Light Books, Popular Woodworking, The Quilting Company, and Writer’s Digest. PRH says the […]
