Christian Retailing

NEWSLETTERS Current Issue News Corp completes Harlequin Enterprises acquisition
News Corp completes Harlequin Enterprises acquisition PDF Print E-mail
Written by Christine D. Johnson   
Monday, 04 August 2014 11:27 AM EDT

HarlequinWithTagline-resizedNews Corp announced Aug. 1 that the company had completed its acquisition of Harlequin Enterprises from Torstar Corp., extending the global platform and digital presence of its HarperCollins Publishers subsidiary.

As previously announced, Harlequin will operate as a division of HarperCollins and remains headquartered in Toronto, as do the offices of HarperCollins Canada.

“We are pleased to formally welcome Harlequin and its employees to the new News,” said Robert Thomson, chief executive of News Corp. “The addition of such an iconic brand with a loyal audience, robust global expertise and digital depth is a proud and purposeful moment for our company. Onward to the next chapter.”

Brian Murray, CEO of HarperCollins Publishers, was similarly pleased.

“We are happy to welcome Harlequin staff and authors into the HarperCollins family and excited to work together to expand the breadth of our publishing activities into more than 30 languages,” Murray said.

Harlequin is one of the world’s leading publishers of women’s fiction. The company’s titles are issued in 33 languages and are sold in more than 100 international markets. Harlequin has offices in 17 countries.

The purchase price for the acquisition was C$455 million in cash, subject to certain adjustments, and the transaction was completed following approval by regulatory authorities and shareholders of Torstar.

Click here for our previous story and its impact on the Christian market. 

 

In this current issue:

'God's Not Dead' producer Russell Wolfe dies at 50

News image

Independent faith and family film studio Pure Flix suffered a loss...

READ MORE

Winning bidder plans to keep Family Christian Stores open

News image

Family Christian Stores will likely keep its doors open, assuming...

READ MORE

Mark Kuyper departs ECPA post

News image

ECPA announced May 26 that President/CEO Mark Kuyper has accepted...

READ MORE

Kerusso to launch 'War Room' product line

News image

Kerusso has announced a new partnership with the Kendrick Brothers,...

READ MORE

New LifeWay partnership to provide Bibles in China

News image

A new campaign from LifeWay Christian Stores and Tyndale House...

READ MORE

The Perrys' Tracy Stuffle named 'Living Legend'

News image

StowTown Records' The Perrys has announced that the group's bass...

READ MORE

Report: LifeWay eyes site for new headquarters

News image

LifeWay Christian Resources has entered talks to purchase a 1.6-acre...

READ MORE

2015 ICRS to expand international offerings

News image

An expanded international program at the 2015 International Christian Retail...

READ MORE

Chris Tomlin marks biggest tour yet with CURE partnership

News image

More than 200,000 people attended GRAMMY-winner Chris Tomlin's Love Ran Red Tour...

READ MORE

Award-winning author Vicki Courtney signs multi-book deal

News image

B&H Kids, the children’s imprint of B&H Publishing Group, has...

READ MORE

B&H, LifeWay take home six SEPA Awards

News image

B&H Español and LifeWay Español won a combined six awards...

READ MORE

CR Update takes Memorial Day break

News image

The Christian Retailing Update newsletter will not sent Monday, May...

READ MORE
100%
-
+
0
Show options

a