I found this in my mailbox today. A sign of the times…
A message for subscribers of Sky & Telescope magazine
To Our Valued Customer,
Over the years, F+W Media, Inc. and its affiliated companies (“F+W Media”) have strived to provide inspiration, instruction, and exclusive products and services through its various magazines, online education, print and digital books, subscription video sites, consumer and trade events, and online stores. Many things have changed over the years, but one will always remain the same: our commitment to you, our customer, in making sure that you have access to the latest content of our craft, art, writing, design, knitting, quilting, and outdoor enthusiast communities.
We recently announced a plan to strengthen F+W Media through a financial restructuring. This plan is designed to guarantee that there will be no change in the services and content that our customers expect from F+W Media.
In order to avoid any confusion or inaccuracy, I am writing to you personally to share two things that we want all customers to know:
We are open for business. Customers can continue to subscribe to our magazines and shop across our online stores without disruption.
All orders will arrive on time as promised.
The financial restructuring will be done through a court-supervised process. On March 10, 2019, we began that process by voluntarily filing reorganization cases under chapter 11 of the Bankruptcy Code in the District of Delaware. Operations will continue as usual throughout the court-supervised process, including meeting and exceeding the needs of our valued customers.
We have asked for, and the court has approved, our ability to keep serving you in the same way we have in the past. At F+W Media, we are honored to offer products that provide inspiration in the daily lives of our customers and we want to thank you for being a part of our enthusiast communities. If you have specific questions with respect to our Chapter 11 reorganization please contact us here.
Gregory J. Osberg,
Chief Executive Officer