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News Corp to expand book empire with acquisition of publisher Harlequin

Posted at 11:04AM Friday 02 May 2014

Rupert Murdoch's News Corp is expanding its book empire with the £246m acquisition of a romantic publisher.

Canadian-based Harlequin, whose many titles include Her Cowboy Hero and 10 Ways to Handle the Best Man, will become part of the HarperCollins book publishing operation.

The purchase will give News Corp's HarperCollins publishing operation 'an immediate foothold in 11 new countries'.

"Harlequin is the perfect fit for the new News Corp," said Robert Thomson, News Corp's chief executive. "It vastly expands our digital platform, extending our reach across borders and languages, and is expected to provide an immediate lift to earnings."

Harlequin (www.Harlequin.com) will remain headquartered in Toronto, as will the offices of HarperCollins Canada.

BBC

Guardian

PW

Business Wire

HarperCollins acquisition of Harlequin and what it means for readers (DearAuthor)

Forbes




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