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Archive | July 21, 2009

Jennafer Martin named Editor-in-Chief of Creating Keepsakes

Jennafer MartinJennafer Martin, the former editor-in-chief of Digital Scrapbooking and Simple Scrapbooks magazines, has been named editor-in-chief of Creating Keepsakes magazine. Former editor Brian Tippetts was let go in the round of layoffs that occurred the day the sale of CK Media to New Track Media was finalized.

Martin has been with the company since 2001. She first was the managing editor of Crafts, and worked on its transformation into PaperCrafts magazine. Then this year, after the closure of Digital Scrapbooking and Simple Scrapbooks by the company, Martin was given charge of the company’s Special Issue and New Media divisions.

Brittany Beattie will continue as Managing Editor of Creating Keepsakes under Martin.

Martin had this to say to Scrapbook Update about the future for Creating Keepsakes under her leadership:

I’m very excited about the opportunity to take the helm of this leading scrapbook publication and to work with its passionate, talented staff, contributors and readers. I know how difficult the last couple of years have been for the economy, publishing and the scrapbook industry, but I also know that despite those difficulties, the importance of telling our stories has not diminished and interest in scrapbooking continues to be strong. I look forward to continuing the CK’s mission to help readers bring memories to life in fun, creative ways, especially under our new parent company, New Track Media whose focus on strong brands focused on the customer has already providing strong synergies and is sure to provide strong possibilities as well.

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Quickutz Sued By Supplier Alleging Unpaid Bills, Fraud

Quickutz is the target of a lawsuit filed on July 15th by Bai-Win Mercantile, a trading company based in Hong Kong. The lawsuit was filed in U.S. District Court for the District of Utah, and alleges that Quickutz owes Bai-Win over $700,000 in debt that is over 90 days past due. The suit also alleges that Quickutz committed fraud in its dealings with Bai-Win.

Bai-Win said in its court filing that it began doing business with Quickutz in May 2006, and that the company began to fall behind on payments to it after a January 2007 order. Bai-Win also alleges in the court complaint that in 2008, Quickutz began to purchase some inventory via other companies to circumvent paying the debt that it owed Bai-Win.

The basis of the fraud claims made by Bai-Win are that they allege that Quickutz knowingly made “material false representations” to them about their future payment intention or ability in an effort to get them to ship orders that had been placed.

Bai-Win is seeking, among other stipulations from the court, the following in the suit:

  • An outstanding balance of $706,907.51 plus interest
  • The return of all inventory in Quickutz’s possession that was delivered to them by Bai-Win
  • Compensatory & consequential damages determined by trial, plus pre & post-trial interest
  • Punitive damages of $5 million
  • Attorney’s fees, expenses & costs

Quickutz is based in Orem, Utah and was founded in 2001 by Natasha & Mark Hixon and Eric Ruff. The company’s principal products are the Revolution and Squeeze die-cutting tools, along with 2×2 and larger sized dies and accessories for the systems.

Quickutz president Eric D. Adams replied that the company is “not at liberty to comment on pending litigation” in response to Scrapbook Update’s request for comment on the matter.

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More Details on CK Media Sale Emerge

More information is being released by the companies involved about the sale of CK Media that took place earlier this month.

Technically, it seems the transaction took place through CK Media actually being sold to the holding company that owns New Track Media with the intent of combining the two companies. No purchase price or terms have been revealed. Stephen Kent serves as President and CEO of both New Track Media and the holding company, BVK Holdings. Kent had the following to say about the company’s new addition:

The brands this adds to our combined portfolio are well established in their fields and renowned for having excellent content. That wouldn’t be the case if there weren’t such a talented group of people in place at CK Media and we’re excited to be welcoming them to the team.

New Track Media indicated in a press statement that it intends to keep both of CK Media’s offices in Denver and the Salt Lake City area open. Tina Battock, a former CK Media executive who also worked with the group under Primedia, joined BVK at the time of the sale transaction and will serve as the group publisher for the Creative Crafts Group, made up of the former CK Media titles.

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