MacMillan

Go read This | Macmillan Acquires Cookstr, with Schwalbe In Expanded Role

Cookstr is smart, acquiring Cookstr is smart. All told, this is a really interesting development:

Macmillan has acquired cookbook and recipe Web site Cookstr. Founded in 2008 by Katie Workman and Will Schwalbe, Cookstr has reached as many as eight million unique visitors a month via its own consumer-facing recipe web site, as well as powering recipe searches in partnership with other organizations. Terms of the deal were not disclosed.

via Macmillan Acquires Cookstr, with Schwalbe In Expanded Role.

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The Gill Family Takes Full Control Of Gill & Macmillan

Gill   Macmillan   HomeSome of the most interesting news in Irish publishing for some time tripped across my phone line and email inbox last night. The Gill Family has bought out Macmillan’s 50% share of one of Ireland’s largest trade and educational publishers, Gill & Macmillan.

It’s a fascinating move on many fronts. Firstly it’s nice to see such a large element of the Irish trade firmly in local hands, that’s healthy for the Irish industry given how heavily exposed to outside publishers it already is. Secondly it indicates that Macmillan’s strategic interests no longer include holding such a complex position in a joint venture like G&M. Lastly it lays the ground for interesting years ahead as the newly focused Gill (no longer & Macmillan?) faces the challenge of Penguin Random House which controls a large chunk of Irish publishing.


See the full press release below:

RELEASE DATE [ Wednesday 14 August at 10am ]
PRESS RELEASE
Gill family takes full ownership of Gill & Macmillan
The Gill family and Macmillan Science and Education, joint owners of Dublin-based publishing company, Gill & Macmillan, have announced that the Gill family has taken full ownership of the company.

The new ownership structure will have no trading consequences for the business and the Gill family, alongside the company’s Management Team, looks forward to building on its current success. A change in name and branding will take place at a later stage.

Gill & Macmillan was founded forty-five years ago in 1968 when Macmillan acquired an interest in the long-established Irish company, M. H. Gill & Son Ltd. Since then the company has become one of the most prominent book publishing and publishing services companies in Ireland. Publishing educational content for Irish schools and colleges has been a major part of Gill & Macmillan’s activities since its foundation. The company is also Ireland’s largest trade publisher as well as providing distribution services to the majority of the country’s independent publishers.

This development marks the next chapter for the Gill family, whose name has been synonymous with books in Ireland for 180 years, since Michael Henry Gill was appointed printer to Dublin University in 1833. Six generations of the family have now been actively involved in management of the business.

Michael Gill, Chairman of Gill & Macmillan said: “This is a very positive development for the company. Now wholly Irish-owned again and continuing to employ more than 70 talented and energetic people here in Dublin, we are excited by the transformative power and many opportunities and challenges provided by the digital age, both in Ireland and worldwide”.

Annette Thomas, CEO of Macmillan Science and Education, said: “The relationship between Macmillan and Gill has, over many years, been a model partnership of collegiate cooperation and shared business interests in this successful company. Whilst the sale of our 50% holding fits within our greater strategic objectives, we are delighted to maintain the many close friendships which have been forged with our colleagues in Dublin.”

The financial details of the sale have not been disclosed.

-ends-
Contacts:
For Gill:
Teresa Daly, Communications Manager, Dublin, Ireland
+353 (01) 500 9521 / +353 (0) 86 838 3559; tdaly@gillmacmillan.ie
For Macmillan Science and Education:
Sarah MacDonald, Group External Communications, London, UK
+44 (0)20 7833 5672 / +44 (0)7714 916798; sarah.macdonald@macmillan.com
Notes for Editors:

About Macmillan Science and Education
Macmillan Science and Education, part of the Holzbrinck Publishing Group, is home to the Macmillan businesses which empower those with curious minds to achieve great things. Through the provision of high-quality content and services to scientists, educationalists, students and academics around the world, Macmillan is changing the way students learn, teachers teach and scientists discover. Operating in over 50 countries with some 5000 employees, the division consists of Nature Publishing Group (NPG), Palgrave Macmillan, Macmillan Education, Macmillan Higher Education, Digital Science, Digital Education and Macmillan New Ventures. For more information, please see http://www.learndiscover.com.

About Gill
Gill & Macmillan is the most prominent book publishing company in Ireland. Drawing on more than one hundred previous years of tradition and experience, Gill & Macmillan publishes educational content for primary and secondary schools as well text books for university, college and further-education courses. Its trade division publishes widely in history, politics, current affairs, sport, entertainment and lifestyle. The company has met the emergence of digital communication by providing e-book versions its bestselling titles alongside a rapidly evolving range of digital resources and tools for teachers and students. The company also provides a comprehensive distribution service for the majority of independent Irish trade publishers. For more information, please see http://www.gillmacmillan.ie.

Go Read This | U.S. settles with publisher Macmillan in e-books case | Reuters

I think it’s fair to say this is more of a whimper than a bang!

Under the proposed settlement agreement, Macmillan must lift restrictions on discounting by e-book retailers and must report to the Justice Department its communication with other publishers.

Justice Department lawyers “expect the prices of Macmillans e-books will also decline,” as happened after settlements with the other publishers, Jamillia Ferris, chief of staff of the departments Antitrust Division, said in the news release.

via U.S. settles with publisher Macmillan in e-books case | Reuters.

Go Read This | International restructure for Holtzbrinck | The Bookseller

Very interesting indeed!

From 2nd July, the company is to operate through three divisions. Global Trade, managed by Sargent, will encompass all the consumer book publishing operations of the Group, including all the US, German, UK and Australian houses. Thomas will have management of a Global Science and Education division, consisting of Nature Publishing Group, Macmillan Education, Macmillan Higher Education and Palgrave Macmillan, also to include Digital Science, Digital Education and Macmillan New Ventures.

via International restructure for Holtzbrinck | The Bookseller.

Go Read This | It’s on — US sues Apple, publishers over e-book prices — paidContent

I tells ya, some fun will be had with this one methinks! I hope Agency falls, I really don’t like it!

The Justice Department has at last filed an anti-trust complaint in New York against Apple and five publishers over an alleged price fixing conspiracy. (Update: Three publishers to settle)

The decision to sue comes after weeks of media leaks that suggested the government was trying to pressure the parties into a settlement.

The issue turns on whether five publishers illegally colluded with Apple to implement “agency pricing” in which the publishers set a price and the retailer takes a commission. (see here for more details)

The lawsuit has yet to be posted on the Justice Department’s website but Bloomberg News says Apple and five of the “Big 6″ publishers are named as defendants. The named publishers are Macmillan, Penguin, Hachette SA, HarperCollins, and Simon & Schuster. (Update: a Bloomberg report says the latter three will settle. This is consistent with a leak earlier this month).

via It’s on — US sues Apple, publishers over e-book prices — paidContent.

Go Read This | Repro buys printing operations of Macmillan India

Coming on the heels of their decision to offload MPS, this suggests that Macmillan are very keen to concentrate on publishing, at least in India. It’s funny though, it’s almost as if they were tidying up their look for something.

The acquisition, which includes MPIL’s printing operations in Chennai, with a deliverable capacity of about 6 million books annually, would strengthen Repro’s foothold in the South Indian market.

Commenting on the deal, MPIL Managing Director Rajiv Beri said: “Printing is not our core activity and we would like to focus on publishing growth. This is a strategic decision which will further consolidate our investments and energies in development and delivery of quality, need-based content.”

via Repro buys printing operations of Macmillan India.

Go Read This | Macmillan to sell Indian BPO – The Times of India

I don’t know if this is prompted by the sense that what MPS provides can be bought from other providers as easily as using an in-house outfit, or if the idea is to release an internally impressive unit from the constraints of a traditional parent. Whatever the logic, I’m intrigued by this:

Global publishing giant Macmillan Group is set to sell its Indian technology solutions and BPO firm MPS, said banking sources said. Macmillan holds 61% stake in MPS, which is listed on the domestic bourses.

The Bangalore-based MPS employs around 1,000 people and undertakes publishing services work for the UK-based parent as well as third party clients. Ernst & Young has been mandated to find a suitor for MPS.

via Macmillan to sell Indian BPO – The Times of India.