The sale of Thomas Nelson is now official.
From the press release:
“Thomas Nelson will continue to operate as an independent company with its unique editorial focus on inspirational and Christian content. Details, such as how Thomas Nelson will benefit from HarperCollins global print and digital platform, will be forthcoming.”
And if you were not aware, Zondervan Publisher is also owned by HarperCollins (purchased in 1988). This means two of the largest Christian publishers in the world are under the same corporate roof.
Last year I wrote some thoughts on the sale of Thomas Nelson to HarperCollins. Read those again to refresh your memory. www.stevelaube.com/perspective_sale_thomas_nelson_publishers
In other recent news, the parent company of HarperCollins, News Corp., said it was seriously exploring the idea of splitting into two different companies, one an entertainment business (TV, etc.) and the other a publishing business (newspapers, books, etc.).
I know this has been on the table for some time now, but I hope Thomas Nelson continues to push publications of great biblical soundness and not just quick sells. I’ve been following Michael Hyatt for some time now. Do you think this will effect any positions both executive and editors? They have some really great people working there.