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Share Name | Share Symbol | Market | Type |
---|---|---|---|
News Corporation | ASX:NWSLV | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 36.71 | 37.00 | 37.00 | 0.00 | 01:00:00 |
HarperCollins Publishers, a subsidiary of News Corp (NASDAQ:NWS)(NASDAQ:NWSA)(ASX:NWS)(ASX:NWSLV) and joint venture partner Ediouro Group today announced the formation of HarperCollins Brasil, which combines the existing operations of Thomas Nelson Brasil and Harlequin Brasil with Ediouro’s commercial trade publishing titles and personnel.
HarperCollins Brasil will publish a select list of approximately 350 titles per year from the HarperCollins trade, children’s, Christian and romance imprints from around the world, as well as a focused list of Brazilian authors. The new structure aligns Brazil with the HarperCollins strategy to build on existing infrastructures and relationships to grow its authors’ international presence and publish outside of the English language, as has been done in Germany, Poland, Nordic, Holland, Japan and Spain.
“We’re excited to announce this new organization and investment in Brazil, and are committed to expanding our capabilities to better serve authors there,” said Brian Murray, President and CEO of HarperCollins Publishers. “This gives us greater scale in a critical and growing market, and is another step in our plans to publish our diverse list of authors globally, while also publishing local authors.”
Antonio Araujo will serve as Executive Director, HarperCollins Brasil, and is responsible for operations and finance. Kaike Nane has been named Publisher for the HarperCollins and Harlequin lists. Omar Alves de Souza will continue as publisher of the Thomas Nelson Brasil list. Both will report to Mr. Araujo.
“Since 2006, we have had a successful joint venture with Ediouro, experiencing profitable growth nearly every year since our founding. We believe we can achieve similar success with the expanded program under HarperCollins Brasil,” said Tod Shuttleworth, Senior Vice President of International Publishing, HarperCollins.
“We are delighted to expand our relationship with HarperCollins in an effort to align our work in commercial fiction and non-fiction,” said Jorge Carneiro, CEO of Ediouro. “HarperCollins’ rich heritage and content coupled with our proven capabilities in editorial, marketing, sales and distribution creates a powerful combination. We look forward to building the business together.”
Ediouro will continue to publish a literary and Catholic trade list outside the joint venture as well as continue with their other non-trade publishing businesses. Harlequin has ended its joint venture with Record Publishing Group, which will not have a stake in HarperCollins Brasil.
About HarperCollins
HarperCollins Publishers is the second largest consumer book publisher in the world, with operations in 18 countries. With nearly two hundred years of history and more than 120 branded imprints around the world, HarperCollins publishes approximately 10,000 new books every year in 17 languages, and has a print and digital catalog of more than 200,000 titles. Writing across dozens of genres, HarperCollins authors include winners of the Nobel Prize, the Pulitzer Prize, the National Book Award, the Newbery and Caldecott Medals and the Man Booker Prize. HarperCollins, headquartered in New York, is a subsidiary of News Corp (NASDAQ:NWS, NWSA; ASX:NWS, NWSLV) and can be visited online at corporate.HC.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150803005838/en/
HarperCollins PublishersErin Crum, 212-207-7223Erin.Crum@HarperCollins.com
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