Amazon.com's Publishing Arm is Acquiring More Than 450 Children's Titles From Marshall Cavendish

From the News Release:

Amazon.com, Inc. 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).“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”
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.
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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 . Amazon Publishing is a brand used by Amazon Content Services LLC.

Read the Complete Announcement
See Also: More About Amazon Publishing and Children’s Books in this MocoNews Report by Laura Hazard Owen
See Also: Lock up your children: Amazon has bought a publisher (by Phillip Jones, FutureBook/The Bookseller)
See Also: Competing with Amazon is not an easy thing to do (by Mike Shatzkin, The Shatzkin Files)

Filed under: Awards, Companies (Publishers/Vendors), Libraries, News, Publishing