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Monacelli Press Buys Back Its Independence

July 29, 2011
By Michael Cader

Publisher and founder of The Monacelli Press Gianfranco Monacelli has led a buyback of the publisher of visual arts, design, and architecture books from Random House, which purchased the unit in early 2008. Terms were not disclosed, but Monacelli will become a sales and distribution client of Random House Publisher Services. Monacelli says in the release that his line’s sales “more than doubled” in the three years it was part of Random House. “As an independent company once again, we look forward to continuing to expand our distinctive and individualized publishing program.” The press’s staff will continue to use the […]

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Filed Under: Finance, New Imprints

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