Posted by: Kathy Temean | December 7, 2011

Amazon Publishing to Acquire Marshall Cavendish US Children’s Books Titles

Marshall Cavendish will no longer be publishing children’s fiction, just textbooks and it appears Margery Cuyler will be working with Amazon.  I will update you when I find out more information. Here is the press release:

SEATTLE & TARRYTOWN, N.Y.–(BUSINESS WIRE)–Amazon.com, Inc. (NASDAQ: AMZN) and Marshall Cavendish, one of the world’s leading educational and consumer book publishers and classroom digital solutions providers, today announced that Amazon has signed a deal to acquire over 450 titles of its US Children’s trade books business, Marshall Cavendish Children’s Books (MCCB).

“We’re excited to acquire the Marshall Cavendish Children’s Books titles and expand our publishing business in this area”

The list from Marshall Cavendish Children’s Books has been nominated for more than 150 industry awards and includes a diverse range of titles including “The Night Before Christmas” illustrated by Gennady Spirin, “Three Little Tamales” by Eric A. Kimmel, “Chalk” by Bill Thomson and “Yellow Star” by Jennifer Roy, as well as the National Book Award finalist “My Name is Not Easy” by Debby Dahl Edwardson. The acquisition creates the foundation for Amazon Publishing to further expand into picture books, chapter books and Young Adult novels.

“We’re excited to acquire the Marshall Cavendish Children’s Books titles and expand our publishing business in this area,” said Jeff Belle, Vice President, Amazon Publishing. “We believe the children’s book market segment presents a unique opportunity to innovate in both print and digital formats. And since many of these titles are not readily available as eBooks, we see a chance to connect a terrific group of authors and illustrators with more readers. We also see the potential for similar deals across other categories in the future.”

“Under the guidance of Margery Cuyler, the Marshall Cavendish Children’s Books team has done an incredible job of building a contemporary and beautifully presented list of books,” said Laurence Kirshbaum, Vice President and Publisher, Amazon Publishing, East Coast Group. “We look forward to working with these respected authors and illustrators. We will continue to publish these books in their handsome print editions and we think customers will love reading these books — most of them never available before digitally — with their families, using the brilliant color touchscreen on the Kindle Fire.”

Lee Fei Chen, Group Publisher & Head of Publishing Group at Marshall Cavendish Corporation said, “We would like to thank all the MCCB authors and illustrators for their contributions over the years; many of them have worked with us since the commencement of this business in 2003. The numerous awards and recognition that the list has garnered is a standing testament to the creativity and capabilities of the team.” She further added, “Our sale will allow Marshall Cavendish to continue to focus on our core K-12 textbook and assessment books business in the United States, and growing our school education publishing businesses worldwide.”

Until the deal is closed, all orders from retailers and libraries should continue to go to the existing MCCB sales teams. Amazon will publish the acquired titles under an imprint of Amazon’s New York publishing unit.

Marshall Cavendish was advised by Robin Warner, Atwood Capital Partners, a globally-focused investment bank active in the information, media, technology and communications industries.

Amazon Publishing is the publishing arm of Amazon, and is made up of six imprints: AmazonEncore, AmazonCrossing, Powered by Amazon, Montlake Romance, Thomas & Mercer, 47North, as well as the New York-based division under which MCCB will be housed. For more information about imprints of Amazon Publishing, visit www.amazon.com/amazonpublishing. Amazon Publishing is a brand used by Amazon Content Services LLC.

About Marshall Cavendish

Marshall Cavendish is a leading education publisher. In the United States, Marshall Cavendish’s highly successful Singapore-based K-5 Math Program, Math in Focus: The Singapore Approach is distributed by Houghton Mifflin Harcourt. The Company has educational publishing operations in the US, Hong Kong, Malaysia and Singapore and sells its education solutions to Ministries of Education worldwide in more than 50 countries. Marshall Cavendish is a member of Times Publishing Limited. For more information please visit: www.marshallcavendish.com

Talk tomorrow,

Kathy


Responses

  1. WHOOOOOOOOOOA!! This is big! I love Margery and I hope that whatever her new role is, that she’s happy with it 🙂
    Donna

    Like

  2. But no more fiction? 😦 Sad, because they did that so well, and were such a wonderfully unique presence in the publishing landscape.

    Like

  3. Hi, Kathy. The press release has created some confusion, it seems. It’s only the children’s division that’s being sold to Amazon, and I’m remaining as publisher and we will not only continue to publish fiction, but we will
    continue to publish THE BEST FICTION EVER, as well as children’s books for all ages. The rest of the company — not the children’s list which is going to Amazon — will be delving further into educational product. So no worries!
    You know I’d never desert my first love in the whole world — beautiful
    children’s books! And my staff and I are continuing the business in our offices in Tarrytown, NY. This is all great news for us, and I’m excited about what Amazon can bring to our list with its fabulous distribution and varied digital devices.

    Love,

    Margery

    Like

    • Oh, wow, Margery! Glad to hear this! 🙂 Good luck with all of it!
      Donna

      Like


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