HarperCollins Publishers today announced that it has entered into a definitive agreement to acquire Thomas Nelson, Inc. for an undisclosed sum. Thomas Nelson is one of the leading trade publishers in the United States. The Company provides multiple forms of inspirational content including: books, Bibles, e-books, journals, audio, video, curriculum and digital applications available for download on “smart” electronic devices.
Religious publisher Thomas Nelson Inc. announced that during the quarter ending June 30, the company saw significant growth in its sales to general-market bookstores, which it defines as those, whether chains or independents, that sell more than explicitly Christian products. The net revenue of these general-market bookstore accounts increased 149 percent over the same period last year.