Thomas Nelson joins these distinguished companies which have also been acquired by Kohlberg & Company.
Private investment firm Kohlberg & Company has bought a majority stake in Nashville-based Thomas Nelson Publishers.
Thomas Nelson has gone the way of Zondervan, another prominent Christian publisher. They were purchased by NewsCorp who also owns 20th Century Fox Films, Fox Television, HaperCollins Books, the Wall Street Journal, MySpace.com and many other media properties around the world.
{ 3 comments }
According to the Association of American Publishers (AAP), sales of religious books had its largest increase in more than a year in March, as overall book sales increased by 16.6% to $458.2 million and were up by 8% for the year.
Christopher Hitchens, the infamous atheist and author of God is Not Great has a dark family secret. His brother, Peter Hitchens, a noted British journalist and broadcaster, is a follower of Jesus Christ. Peter Hitchens tells the story of how he came to faith in a The Rage Against God, to be released by Zondervan in June.
Thomas Nelson and Zondervan were among the first publishers to release titles for Apple’s new iPad digital-media device this past weekend, according to Christian Retailing magazine. Over 300,000 iPads sold on the launch day last Saturday and more than 250,000 e-books were downloaded.
Charisma magazine has named Marcus Yoars as the new editor of Charisma magazine. he will be leading the magazine in an initiative to better serve readers with expanded digital editions, a new iPhone application, as well as a redesigned print magazine.
