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:

CBA recasts retail show to unite Christian products industry

News image

From content creators to church bookstore managers, the Christian products...

READ MORE

Gift exhibitors pleased with buyers’ response at Unite 2016

News image

Gift vendors report mostly positive experience at Unite 2016, although...

READ MORE

New Voskamp, Cahn titles headline upcoming releases

News image

Exhibitors at Unite 2016 promoted key upcoming book and Bible...

READ MORE

CBA proposes new business model for member retailers

News image

CBA and Content Road Media have joined in a strategic...

READ MORE

Hip-hop, science fiction cited as Christian product trends

News image

CBA’s Christian Product Trends workshop gave retailers attending Unite 2016...

READ MORE

Nielsen research, panel review state of Christian market

News image

Four of the Christian products industry’s CEOs shared their thoughts...

READ MORE

Targeted marketing, data tracking help Parable, Covenant stores

News image

The Parable Group and Covenant Group make targeted marketing and...

READ MORE

Logos group names Walter Wangerin Author of the Year

News image

Best-selling author Walter Wangerin was named Author of the Year...

READ MORE

DaySpring director highlights need for ‘real’ customer connections

News image

Christian retail customers long for community, says DaySpring Brand Director...

READ MORE

CBA honors international publisher with Lifetime Achievement Award

News image

CBA honored Jean-Luc Cosnard, a Christian publishing innovator and former...

READ MORE

James Rubart wins Christy Award Book of the Year

News image

The 2016 Christy Award winners were announced Monday in a much...

READ MORE

Christian retailers encouraged to 'stand and engage'

News image

Christian retailers and suppliers were called to "Stand and Engage"...

READ MORE
100%
-
+
0
Show options

a