F+W Media, the publisher of Popular Woodworking (and other niche magazines) has filed for Chapter 11 bankruptcy. Citing declines in both subscriptions and advertising revenue, they plan to pursue sale of assets during the bankruptcy case.

 

Wow, that’s too bad. I’ve been a pretty regular subscriber but tailed off the last two.

 

Unfortunately, over the years, more and more print publishers will close. The demand for paper magazines is falling. Perhaps such companies should reengineer and start printing books. They are still selling well, especially if some interesting copies or limited editions arrive. It has become more challenging for businesses to survive during the pandemic. A lot of restrictions, a decline in demand for goods of many categories complicates the work of entrepreneurs. During the quarantine, many companies used the services of factoring companies factorforyou.com, took out loans. But it's hard to build a stable business on loans. The epoch is passing away.