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January 21, 2015By Michael Cader

With No Buyers, Egmont Will Simply Close US Publishing Division

January 21, 2015By Michael Cader

After putting Egmont USA up for sale last October, parent company Egmont Publishing announced that it “has decided to close the office, effective from January 31,” since “attempts to sell” the unit “have not resulted in any final agreements.” January 30 will be the last day of employment for Egmont USA staff. But they will issue their spring 2015 list even without local staff, and their books will continue to be available through their distributor Random House. (Their spring 2015 catalog lists 10 titles for publication.) Six jobs will be eliminated when the US office closes. And recent PM deal reports […]

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Filed Under: Children's, Finance

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