A New Home For Independent Publishers
Perseus’ David Steinberger on its acquisition of PGW’s roster of publishers and what lies ahead. Perseus Books establishes contracts with bankrupt PGW’s consenting publishers.
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Perseus President David Steinberger says the company began shipping books for the former PGW clients on March 1. The companies started to receive payments on the same day.
“Our mission as an organization is to enable independent publishers to succeed,” he says. “Whether those publishers are publishers that we own, like Basic Books, or whether they’re joint-venture partners, like Public Affairs, or independent clients, like Harvard Business School Press. … So when PGW clients ended up caught in this AMS bankruptcy, it wasn’t in the original plan of ours to look at an acquisition in this area, but we began to think, ‘Is there some opportunity here for us to step in and maybe provide a solution. ...’”
0 Comments
View Comments
Peter Beisser
Author's page
Related Content
Comments