E-book Site TeleRead.org Acquired by North American Publishing
Gadgetell, a division of Philadelphia, Pa.-based North American Publishing Co. (NAPCO), has acquired TeleRead.org, a Web Site covering global e-book news based in Alexandria, Va.
TeleRead covers daily and long-term developments for readers, writers, editors, publishers and sellers of e-books, as well as for librarians. Created in the 1990s, it is believed to be the oldest English-language Web site devoted to general e-book news and views, according to TeleRead.
According to David Rothman, the founder of TeleRead, who is stepping down as editor-publisher, the time was ripe for moving the popular site to a publisher with more resources.
NAPCO publishes more than 16 trade magazines including Book Business, Printing Impressions, Target Marketing and Publishing Executive.
“We’re delighted to have acquired TeleRead and to benefit from the diversity of viewpoints in its global digital community,” says Ned Borowsky, president of NAPCO. “E-books is the hot topic! We have been covering it extensively in the pages of Book Business magazine, through our webinars and virtual shows, as well as at our upcoming Publishing Business Conference & Expo this March. TeleRead will dramatically add to the conversation, and we couldn't be more pleased.”
According to Borowsky,TeleRead will continue in its present format. Co-editor Paul Biba will succeed Rothman as editor of the digital newsletter.
Rothman intends to focus on books and movie scripts, including marketing of "The Solomon Scandals," his recently published novel.
Noel Griese of Anvil Brokers of Atlanta handled details of the acquisition. Michael Cairnes, Karen Holt and Laura Dawson served as consultants to Rothman during the acquisition period.