Turner Publishing Acquires Pets, Crafts, and Other Titles from Wiley’s General Interest Consumer Publishing Program
Nashville, TN – April 3, 2013 – Turner Publishing today announced that it has acquired assets from John Wiley & Sons, Inc.’s pets, crafts, and general interest consumer publishing program. The terms of the acquisition, which closed April 2, 2013, were not disclosed.
Turner acquired the digital and print assets for approximately 1,500 Wiley titles from its consumer pets, crafts, and general interest publishing programs. Notable brands, authors, and titles include Howell Book House and Baseball Prospectus.
“This strategic acquisition broadens Turner’s list, which spans a wide variety of fiction and nonfiction consumer publishing categories and represents an exciting growth opportunity within the crafts, pets, and general interest areas,” said Todd Bottorff, President and Publisher of Turner Publishing. “The combination of Wiley’s titles with our existing programs will significantly strengthen Turner’s market position as a consumer publisher.” Turner is a fully integrated publishing company that has produced over 1,000 titles since 1984 in a wide range of fiction and nonfiction categories including home & gardens, health & wellness, history, politics, & current affairs, and self-improvement, among many others.
“We believe that Turner Publishing is well-positioned to provide the strategic focus required for these assets to achieve their full potential and continue to flourish,” said Mark Allin, Wiley’s Senior Vice President, Professional Development. “While these assets have contributed to Wiley’s success to date, Wiley is reshaping its portfolio to support growth opportunities in global research, education and professional practice, and create products and services that help customers become more effective throughout their education and careers.”
It is the third sale associated with Wiley’s planned consumer asset divestiture, which was first announced in March 2012. Those assets included consumer print and digital publishing programs in travel (including the well-known Frommer’s brand), culinary, general interest, pets, crafts, Webster’s New World, and CliffsNotes. On November 6, 2012, Wiley completed the sale of its culinary, CliffsNotes, and Webster’s New World Dictionary consumer publishing programs to the Boston-based global learning company, Houghton Mifflin Harcourt (HMH). On August 30, 2012, Wiley completed the sale of all of its travel assets, including the Frommer’s brand, to Google.