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Ingram Entertainment Buys Baker & Taylor Entertainment

January 15, 2019
By Erin Somers

Ingram purchased “certain assets” from Baker & Taylor in a deal that closed January 11 — but the buyer was Ingram Entertainment, the video and home entertainment distributor, not Ingram Content Group, and they acquired B&T’s entertainment products distribution division (including “retail customer agreements for the purchase of video and audio music products”). Reportedly, the Federal Trade Commission had been conducting a “preliminary nonpublic investigation” into booksellers’ use of major wholesalers in what some suggested was anticipation of potential acquisition by Ingram Content Group of Baker & Taylor’s book wholesaling business. But Baker & Taylor president David Cully underscores in the press […]

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Filed Under: M&A

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