New York, NY (October 31, 2011) HarperCollins Publishers today announced that it has entered into a definitive agreement to acquire Thomas Nelson, Inc. for $200 million. The acquisition, which is expected to close by the end of the calendar year, is subject to regulatory clearances and other customary closing conditions. HaperCollins is owned by Rupert Murdoch, who also owns Fox News and many other media properties. HarperCollins also owns Zondervan.
{ 0 comments }
Thomas Nelson, Inc., announced that in October 2011, world-renowned preacher, evangelist, and author Billy Graham will release his first major trade book in more than five years: Nearing Home: Life, Faith, and Finishing Well.
In the book, Billy Graham shares his personal experience of growing older, but also teaches lessons on how to view our time here on Earth. He says that the Bible makes it clear that God has a specific reason for keeping us here. So what is His purpose for these years, and how can we align our lives with it? How can we not only learn to cope with the fears and struggles and growing limitations we face but actually grow stronger inwardly in the midst of these difficulties?
{ 0 comments }
Thomas Nelson, Inc. announced this week that Mark Schoenwald, its current President and Chief Operating Officer (COO), has been named president and Chief Executive Officer (CEO). He assumes the CEO position from Michael Hyatt, who is stepping out of active management of the company but will continue to serve as chairman of the board.
{ 0 comments }
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 }
Retailers have picked 22 Thomas Nelson, Inc. titles as finalists in Christian Retailing magazine’s 2010 Retailers Choice Awards program. Products nominated in the competition were judged on three criteria: the impact they have had on staff and customers, their ability to speak to hearts and minds, and the potential to affirm Christ-like living. The winners will be announced at “The Gathering 2010,” a Christian bookselling event sponsored by Christian Retailing magazine. It will be held April 21-23 at Southeast Christian Church in Louisville, KY.
[Read More]
{ 0 comments }
