Chairman emeritus of Simon Property Group and owner of the Indiana Pacers as well as co-owner of Tecolote Books in Montecito, CA Herb Simon has purchased Kirkus Reviews. Chief executive of Calendar Holdings and the other partner in that bookstore (as well as former Barnes & Noble employee) Marc Winkelman will be ceo of the new Kirkus Media and hold a small stake in the operation, with Elaine Szewczyk and Eric Liebetrau remaining in their leadership roles. He indicated to the NYT that “the company
would continue to publish Kirkus as a print magazine while beefing up
its digital offerings. He said he planned no immediate changes to the
print edition, but hoped to make improvements over time.
Separately, the online e-book site and community TeleRead.org has been sold to North American Publishing Company’s Gadgetell unit. David Rothman is retiring from the site, but editor Paul Biba and senior writer Chris Meadows will stay on.