This was on another site and I have no idea of the source. Very sad for the people who have been 'let go'


CK Media has now been purchased from Sandler Capital by a company called New Track Media LLC, which is a Cambridge, MA-based publishing company that is part of the portfolio of private equity company Boston Ventures. New Track Media’s other publications include American Woodworker, Woodwork Magazine, Love of Quilting, and Sky & Telescope. In addition, the company owns the quilting properties Keepsake Quilting, QNNtv, and Quilter’s Club of America. (Besides its scrapbooking magazines, CK Media has an extensive portfolio of sewing and quilting magazines.)

New Track Media has previous connections to the scrapbook publishing industry. It was founded in 2006 by Stephen J. Kent, the former president and CEO of F+W Publishing, the parent company of Memory Makers Magazine. Kent is now the CEO of New Track Media, and has brought many former F+W executives into New Track’s upper management.
As part of the transition to New Track Media control over CK Media, layoffs were handed out today to a large number of CK Media employees. Included in the cuts were Will Marks (CEO), Rich Hybner (CFO), Dave ONeill (VP/Group Publisher), Lin Sorenson (VP/Editorial Director), Brian Tippetts (Creating Keepsakes Editor-In-Chief), Stace Hasigawa (PaperCrafts Art Director), and Ana Cabrera (CK Social Media Manager), plus a large portion of the finance department, and the entire production teams in the company’s Golden & Bluffdale, Utah offices.
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Wow! Part of me is surprised and the other part is not. I had heard rumor that CK was in a bit of a bind. People who submitted layouts for publication were not being paid, not receiving their layouts back, etc. Sounded like things were falling apart. With Lisa resigning from the CK spots on QVC, I thought something may be going awry. It will be interesting to see how it transpires. A lot of people have complained about how thin the mag has gotten. I can attest that when I was going through some of my older 2005 issues, they were a lot thicker than some of the newer issues. Maybe this will be an opportunity to see a lot of improvements in the magazine. I do have to wonder what Lisa Bearnson truly thinks about what is happening with a magazine that she "birthed".

So is the magazine still going to be published?

I'm so behind, what magazines are left out there? Memory Makers? Scrapbooks Etc?

It seems to change almost monthly Katrina. We used to have 4 mags in the UK but are down to 2 on the shelves and one by subscription only and that one doesn't look like it will last.

I wonder of Lisa will come over here at all, she has appeared on QVC UK.