Press Release: Open Road Integrated Media Acquires E-Reads

Open Road launched as a literary publisher (Mary McCarthy, William Styron, Sherman Alexie, Michael Chabon) and has since expanded into additional genres including science fiction and fantasy (Octavia E. Butler, Theodore Sturgeon), mystery (Carl Hiaasen, Dorothy L. Sayers), and romance (Heather Graham, Amanda Scott), among many others.

This acquisition unites the oldest independent ebook publisher in the field with the largest. E-Reads was founded by Richard Curtis in 1999, at the beginning of the ebook era. Open Road Integrated Media, cofounded by Jane Friedman in 2009, published its first ebook in 2010 and has since grown to become the largest independent ebook publisher, with more than 4,000 titles.

Chris Davis, Open Road COO, led the negotiations on behalf of Open Road. Terms of the deal, which is expected to close on April 1, were not disclosed.

After the closing, the E-Reads website will be taken down and its titles will be featured on Open Road's website (http://www.openroadmedia.com/), with links to all major e-tailers.

About Open Road
Open Road Integrated Media is a digital publisher and multimedia content company. Open Road creates connections between authors and their audiences by marketing its ebooks through a new proprietary online platform, which uses premium video content and social media. Open Road has published ebooks from legendary authors including William Styron, Pat Conroy, Alice Walker, James Jones, and Pearl S. Buck.

About E-Reads
Founded in 1999, at the dawn of the ebook era, E-Reads is the oldest independent digital publisher in the field and an innovative leader in the modern book industry.