728_header.jpg (23748 bytes)
Google  Web AuctionBytes  
eBay Live 2008 Recap
News!
Pictures!
Podcasts!
Blog!

Sponsor

Home
Subscribe
Blog
Podcasts
Forums
AuctionBytes TV
ABU Back Issues

COOL TOOLS

Calendar
Collectors' Links
eBay Promo History
Bookshelf
Fraud Resources
Auction Site Fees
Auction Management
Payment Services
Storefronts Chart
Sniping Chart
Consignment Services
Drop-Off Store Laws
Ecommerce Resources
Photo Tips
Marketing Inserts
Bill the Postman
Yellow Pages
Classifieds

AUCTIONBYTES

Our Writers
Write For Us
Partners
Press
Advertising
About Us
Link To US

Auctionbytes-NewsFlash, Number 348 - July 01, 2002 - ISSN 1539-5065      | Next Story

Antiques & Collectibles Publisher Krause Publications to Be Sold for $120 Million
By Ina Steiner
AuctionBytes.com
July 01, 2002
AddThis Social Bookmark Button

F & W Publications Inc. will purchase Krause Publications for $120 million, according to The Milwaukee Journal Sentinel newspaper. Krause Publications publishes "leisure-time" books and magazines, including publications for the antiques and collectibles market. Krause Publications is an employee-owned company located in Iola, " a village of about 1,200 population nestled in the beautiful rolling hills and woods of central Wisconsin."

F & W calls itself a leading publisher of special interest magazines and books for writers, artists, photographers, graphic designers, woodworkers and others. The company was established in 1913 and publishes Popular Woodworking and Writer's Digest magazines, among others.

F & W's Book Division offers more than 525 titles under six imprints. In addition to the core how-to books in art, writing, design and woodworking, it covers lifestyle subjects as diverse as home remodeling, songwriting, genealogy and wedding planning.

William F. Reilly, former head of Primedia, joined with a private investment firm to buy F & W earlier this year. Reilly had been president of Macmillan Publishing Company and went on to found K-III Communications in 1989. In 1997, K-III Communications Corporation changed its name to Primedia Inc., which later merged with About Inc., the publisher of the About.com Web sites.

In 1999, Reilly retired from his position as chairman and CEO of Primedia after 10 years at the helm. He had grown Primedia revenues to more than $1.5 billion through well-timed acquisitions and start-ups of consumer and business media products. The reason for the decision was "to take early retirement to pursue private investment opportunities," although the New York Times said Reilly was forced out by his majority investors, Kohlberg, Kravis, Roberts & Company.

The Times said Reilly is looking to woo the over-35 market usually ignored by youth-centric advertisers, and plans to stick to niche publications with his latest venture. http://www.jsonline.com/bym/news/jun02/55118.asp http://fwpublications.com


Email this story to a friend.

| Next Story

Related Stories
  • From the Editor - July 01, 2000, Issue #17
  • How do you Display your Collection? - July 01, 2000, Issue #17
  • How Do You Display Your Collection? - Part II: An Interview with Leslie Hindman - July 15, 2000, Issue #18
  • The Maine Event: Stalking the Elusive Bargain up North - August 05, 2000, Issue #19
  • Free Email Newsletter for Collectors - August 05, 2000, Issue #19
  • Another Free Email Newsletter for Collectors - August 19, 2000, Issue #20
  • New TV Show: The Incurable Collector - April 21, 2001, Issue #36
  • Everybody's a Collector,... - July 19, 2001, Issue #127
  • Collecting Trivia Chat - August 21, 2001, Issue #145
  • What a Collection! - September 08, 2001, Issue #46
  • Gifts for Collectors - December 15, 2001, Issue #59
  • Letters to the Editor - January 20, 2002, Issue #62
  • Valuable Lessons for Collectors - January 21, 2002, Issue #242
  • Guide to Starting a Collection - February 03, 2002, Issue #63
  • Collector's Corner: Antique Reproductions - February 03, 2002, Issue #63
  • eBay's 'Cousin' TIAS.com Celebrates Seven Years Online with Antiques/Collectibles Sale - April 07, 2002, Issue #67
  • ACME Fest Merges Antiques & Collectibles with Music for One-of-a-Kind Festival - July 03, 2002, Issue #350
  • CollectingChannel.com Launches Television Programming Online - August 09, 2002, Issue #372
  • Toys 'R' Us Introduces Site for Collectors - August 14, 2002, Issue #375
  • Collector's Corner: Newsletters for Collectors - August 25, 2002, Issue #77
  • CollectingChannel.com Announces Fall Collectibles Chat Schedule - August 29, 2002, Issue #384
  • HGTV Announces Two New Collectibles Programs for Fall Lineup - September 30, 2002, Issue #403
  • TIAS.com Releases Top 50 Collectibles Search Terms for 2002 - January 07, 2003, Issue #456
  • Krause Ceases Publication of 'SuperSeller' Newsletter for eBay Sellers - January 10, 2003, Issue #459



  • Discuss this story in our forums.

    Ecommerce Podcasts

    Site Index
    Copyright 1999-2008. Steiner Associates LLC. All rights reserved