One World announced that it will publish Ta-Nehisi Coates’s THE MESSAGE on October 1. Chris Jackson acquired world rights from Gloria Loomis at the Watkins Loomis Agency. The book incorporates reporting from Senegal, South Carolina, and Palestine, and includes personal narrative and analysis of history and literature. Jackson said in a release, “Ta-Nehisi’s best work takes readers along as intimate companions on his journeys into history, the American present, and his own probing, curious mind.” Elsewhere, Little, Brown will publish REVENGE OF THE TIPPING POINT by Malcolm Gladwell on the same day, October 1, with Asya Muchnick editing. According to the […]
Archives for May 2024
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Bloomsbury Acquires Rowman & Littlefield Academic for $83 Million
Bloomsbury announced that it has acquired Rowman & Littlefield’s academic publishing business, comprising over 40,000 titles, for $83 million. They paid $76 million in cash on completion of the deal, with up to $7 million in escrow, to be paid post completion. It’s Bloomsbury’s largest acquisition to date, and doubles the size of their Academic & Professional publishing business in the US, adding to the ABC-CLIO business they acquired in 2020. Rowman & Littlefield’s academic business generated revenue of $36 million in 2023, and profit before tax of approximately $6 million. The sale does not include Rowman & Littlefield’s other […]
Shareholders Approve Indigo Buyout
As expected, Indigo shareholders voted to approve the sale of the Canadian bookselling chain to Trilogy Investments, formalizing a plan that was set in motion in February. “We are pleased with the result of today’s vote and look forward to continuing our work on Indigo’s transformation strategy,” CEO Heather Reisman said in a release. “We remain deeply committed to our customers and to all our stakeholders as we work together to inspire reading and enrich the lives of booklovers across the country.” The deal is expected to be effective on May 31 after regulatory approval.
Distribution: Six to IPG
As of May 1, Curtis Press is sold and distributed worldwide, excluding the United Kingdom and North America, by Independent Publishers Group. Beginning July 1, IPG will distribute Upriver Press worldwide; Belle Point Press worldwide; New India Publishing Agency (NIPA) worldwide excluding India; and Emmaus Academic worldwide excluding North America and Oceania. GracePoint Publishing will be distributed worldwide by IPG starting September 1.
New York Times Best So Far
The New York Times released its list of the best books of 2024 so far.