Bloomsbury U.S. Business To Grow With Walker Acquisition

January 2005
Book Publishing Report;1/10/2005, Vol. 30 Issue 1, p2
Trade Publication
The article focuses on Bloomsbury Publishing PLC in London which is aiming to dramatically boost its U.S. book business with its acquisition of Walker Publishing in New York. Bloomsbury said it paid approximately $6.5 million for Walker. Walker, which has 26 U.S. employees, had estimated revenues of $5 million in 2004. The Walker brand name is expected to be kept and the agreement the company has with J.K. Rowling to publish Harry Potter books overseas will not be affected, according to a company spokesperson. Walker publishes 60 to 70 books per year, split nearly evenly between the adult and children side, though children's titles have been expanding in recent years.


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