World Almanac Brand Acquired by Infobase Publishing
Posted by: Sue Polanka
Another Reference merger! And, good news that the World Almanac will move online eventually.
Infobase Publishing Acquires Iconic World Almanac Brand
New York, NY (September 1, 2009)–Infobase Publishing announced today that it has acquired the World Almanac imprint from Weekly Reader Publishing Group. Terms of the transaction were not disclosed.
World Almanac’s long and storied history as a publisher of award-winning reference titles dates back to 1868. Most notably, The World Almanac and Book of Facts® has become the best- selling American reference book of all time with more than 80 million copies sold. The imprint also includes such popular and best-selling titles as The World Almanac for Kids® and The World Almanac Book of Records®.
“There are few names in reference publishing as well-known as the World Almanac,” said Mark McDonnell, president of Infobase Publishing, “so when we had opportunity to add it to our existing family of imprints, we moved quickly. The World Almanac has been and will continue to be a powerful name in reference publishing, and we are excited about bringing it forward as an online resource as well.”
About Infobase Publishing
Infobase Publishing (www.infobasepublishing.com) is an educational media company that owns such well-known imprints as Facts On File, Films for the Humanities & Sciences, Cambridge Educational, Chelsea House, Bloom’s Literary Criticism, and Ferguson Publishing. Infobase is a portfolio company investment of Veronis Suhler Stevenson (www.vss.com), a private equity firm that invests in the media, information, and education industries.
About Weekly Reader Publishing Group
Weekly Reader Publishing Group (WRPG), part of The Reader’s Digest Association, is a publisher of supplemental educational products for schools and libraries. The company publishes classroom magazines, digital content books and supplemental materials. WRPG also includes Weekly Reader Curriculum Publishing and Custom Publishing, Weekly Reader Research, and Facts for Learning.
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