EXCLUSIVE NEWS: AUTHORHOUSE P.O.D. BUYS XLIBRIS

Author Solutions Buys Xlibris
Author Solutions, which already gobbled up competitor iUniverse, has now acquired Xlibris, too. The company says the combined lists comprise almost 100,000 titles from 70,000 authors. CEO Kevin Weiss says “Xlibris brings a demonstrated expertise in marketing services, which perfectly complements the strength of AuthorHouse’s publishing and illustration services and iUniverse’s industry-leading editorial services. Both first-time and mid-list authors, writing in all genres, will find one of our brands offers the services they need to accomplish their publishing goals.” The addition brings takes their annual title count from about 12,000 up to 19,000, and still growing.

Random House was an early investor in Xlibris, and president of Bertelsmann Digital Media Investments Richard Sarnoff tells the WSJ “We’re very pleased with the sale.”

 

http://finance.yahoo.com/news/Author-Solutions-Acquires-prnews-14012904.html

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