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Bloomsbury Buys Rowman Littlefield Academic Division for Million
Milliot, Jim
Publishers Weekly, 2024-06, Vol.271 (22), p.6
New York: PWxyz, LLC
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Título:
Bloomsbury Buys Rowman Littlefield Academic Division for Million
Autor:
Milliot, Jim
Assuntos:
Mergers, acquisitions and divestments
;
Psychology
;
Publishing industry
;
Sales
;
Scholarly publishing
;
Social sciences
É parte de:
Publishers Weekly, 2024-06, Vol.271 (22), p.6
Descrição:
Bloomsbury Publishing chief executive Nigel Newton has made no secret of his desire to grow the publisher's professional and academic holdings while also expanding overseas, particularly in the U.S. He has now satisfied both objectives in one deal, acquiring the Rowman & Littlefield Publishing Group’s academic publishing business. The purchase, which has already been completed, adds more than 40,000 academic titles published under the Rowman & Littlefield and Lexington Books imprints, which cover the subjects of academic arts, humanities, and social sciences, including in such subject areas as business and psychology, in which Bloomsbury is "building a presence," the company said. Lyons added that he believes the purchase price was driven by two factors: the eventual need by AI companies to license content ("they can't keep stealing content forever," he quipped) and the lack of another academic publisher of size to buy.
Editor:
New York: PWxyz, LLC
Idioma:
Inglês
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