F+W Media: This Publisher Thought Ecommerce Was Its Savior. Now It's Dead.

After 106 years of creating content for hobbyists, F+W Media has filed for bankruptcy, citing $105.2 million in outstanding debt after a failed decade-long attempt to reinvent itself as an ecommerce company--and the exorbitant tech contracts it signed as a means to that end. To be sure, 2008 was a rough time to be in...