| CONTACT: Jaime Guthals, Publicist
502.458.6531, email JaimeG@interweave.com
Interweave Press Acquires Fiberarts magazine
LOVELAND, Colorado and ASHEVILLE, North
Carolina, Feb. 9, 2004: Interweave Press (www.interweave.com)
announced today that it has completed its acquisition
of FIBERARTS, the world's leading textile-art
magazine, from Sterling Publishing Company.
"We believe this acquisition strengthens
our role as the foremost publisher of magazines and
books about textile and fiber-related arts and crafts,"
said Interweave Press Chief Executive Officer Linda
Ligon. "Investments like this are an important part
of our long-term growth strategy."
"The purchase of FIBERARTS
will help us reach a new audience of fiber artists and
enthusiasts, exposing them to our book publishing program
and our family of other well-known fiber-related titles
such as Spin-Off, Handwoven, Piecework,
and Interweave Knits," said Interweave Press
Publisher and President Marilyn Murphy. "Additionally,
we look forward to integrating FIBERARTS with
our current stable of magazines to offer our advertising
clients even greater reach and value."
Murphy noted that FIBERARTS
began publication in 1975, the same month that Interweave
Press published its first magazine, Handwoven.
"We've been friends ever since. We believe in the vision
of the magazine and know that we can make it as strong
as ever."
FIBERARTS founder and Publisher
Rob Pulleyn agrees that the move is mutually beneficial.
"When FIBERARTS and Lark Books were purchased
by Sterling Publishing Company five years ago, FIBERARTS
became part of a company that understood and supported
the magazine. With Sterling's surprise sale to Barnes
and Noble last year, the magazine obviously was out
of place in the context of the world's largest bookstore
chain. With no prodding from them, it became obvious
to me that, to maintain its focus and mission, FIBERARTS
needed a home that was simpatico with the readers and
understood the magazine."
Interweave Press will move the magazine's
operations to their offices in Loveland, Colorado. FIBERARTS'
current editor, Sunita Patterson, will continue as editor
of the magazine and will work out of her home in Asheville,
North Carolina. The new publisher, Marilyn Murphy, was
the founder of The Textile Arts Centre, a non-profit
educational and exhibition center in Chicago, and has
been a loyal subscriber to FIBERARTS for many
years. Interweave Press will begin publication with
the Summer 2004 issue.
ABOUT INTERWEAVE PRESS
In business since 1975, Interweave
Press publishes magazines and books related to fiber,
thread, needlework, beads, and natural living. Throughout
Interweave's evolution, its publications have focused
on natural materials and processes, a respect for "doing,"
and an appreciation of the fine, simple things in life.
Interweave is publisher of seven magazines, Spin-Off,
Handwoven, Interweave Knits, Beadwork,
Natural Home, Piecework-and its newest
publication, Fiberarts.
ABOUT FIBERARTS
As the world's leading textile-art
magazine, FIBERARTS documents trends, explores
issues and developments in the field, and promotes contemporary
fiber art and artists. The textile community of professional
and emerging artists, appreciators, curators, collectors,
gallery and store owners, count on FIBERARTS
for inspiration, information, and resources on an innovative,
rather than traditional, approach to wearable art, quilting,
tapestry and wall hangings, beadwork, surface design,
papermaking, needlework, basketry, and sculpture. The
magazine is published five times a year.
SOURCE: INTERWEAVE PRESS
CONTACT: Jaime Guthals, Publicist,
502.458.6531, Cell 502.387.2383, email JaimeG@interweave.com
URL: http://www.interweave.com;
http://www.fiberarts.com
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