Perseus Books Group Explained

Parent:	Perseus LLC - Lagardère SCA
Founder:	Frank Pearl
Country:	United States
Headquarters:	New York City, New York, U.S.
Keypeople:	David Steinberger (President and CEO)
Imprints:	12

Perseus Books Group was an American publishing company founded in 1996 by investor Frank Pearl.^[1] Perseus acquired the trade publishing division of Addison-Wesley (including the Merloyd Lawrence imprint) in 1997.^[2]

In 2005, Perseus acquired Client Distribution Services, the former distribution arm of Random House.^{[3] [4] [5]} It was named Publisher of the Year in 2007 by Publishers Weekly magazine for its role in taking on publishers formerly distributed by Publishers Group West and acquiring Avalon Publishing Group. In January 2007, the Perseus Books Group purchased Avalon Publishing Group, the parent company of Carroll & Graf and Thunder's Mouth Press;^[6] the purchaser folded both imprints and stopped publishing books under those names in May 2007.^[7]

In 2014, following the bankruptcy auction of Good Books assets, Skyhorse Publishing sold the Mayo Clinic line to Perseus. It was then incorporated and released through Perseus' Da Capo Lifelong imprint.^[8]

After the death of Frank Pearl, Perseus was sold to Centre Lane Partners in 2015, a private equity firm.^[9] In April 2016, its name and publishing business was acquired by Hachette Book Group and its distribution business by Ingram Content Group.^[10]

In December 2018, Hachette Books became an imprint of the Perseus Books division. Concurrently, Da Capo Press and Da Capo's Lifelong became part of Hachette.^[11]

Imprints

The Perseus Books Group currently has the following imprints:^[12]

• Avalon Travel
  • Moon Publications
  • Rick Steves (formerly John Muir Publications)^[13]
• Basic Books
  • Basic Civitas
  • Seal Press^{[14] [15]}
• DaCapo
• Hachette Books
• Running Press
• PublicAffairs
  • Nation Books

Former imprints

Before Avalon Publishing Group was integrated into the Perseus Books Group, it published on 14 imprint presses.^[16] In 2007, some of these imprints were integrated into the Perseus Books Group, while others folded or were sold to other companies. Perseus also sold one of their imprints in the restructuring process.

Avalon Publishing Group

• Axoplasm
• Black Square Editions
• Blue Moon Books
• Carroll & Graf Publishers — acquired in 1998,^[17] folded in 2007^[7]
• Four Walls Eight Windows — absorbed into Thunder's Mouth Press in 2004
• Marlowe & Company — absorbed into the DaCapo imprint^[7]
• No Exit Press
• Seal Press
• Shoemaker & Hoard Publishers — sold to Counterpoint LLC^[18]
• Thunder's Mouth Press — folded in 2007^[7]

Perseus Books Group

• Counterpoint Press — sold to Counterpoint LLC^[7]
• Vanguard Press started in 2007, closed in 2012^[19]
• Weinstein Books - closed in 2017^[20]
• Westview - sold to Taylor & Francis and absorbed into Routledge^[21]

Distribution

Perseus previously owned separate book distribution companies.^[12]

• Publishers Group West (PGW), founded in 1976, based in Berkeley, California.
• Consortium Book Sales and Distribution, founded in 1985, based in St. Paul, Minnesota.
• Perseus Distribution, founded in 1999, based in New York City.
• Legato Publishers Group, founded in 2013, based in Chicago.

External links

• Perseus Books Group

Notes and References

1. Web site: Millot . Jim . 2007-12-03 . Publisher of the Year . 2012-01-21 . Publishers Weekly.
2. News: Perseus Books Buys Addison-Wesley Unit . . December 22, 1997 . November 13, 2011.
3. Web site: Milliot . Jim . Executive Group to Acquire Random's Distribution Division . 2023-01-31 . PublishersWeekly.com . en.
4. News: 2005-04-04 . Sale in Publishing Services . en-US . The New York Times . 2023-01-31 . 0362-4331.
5. Web site: CDS CEO Leaves After Perseus Acquires Company, Merges Units Authorlink . 2023-01-31 . en-US.
6. Milliot . Jim . Perseus to Buy Avalon; Eyes PGW Pubs . Publishers Weekly . 2007-11-01 . https://web.archive.org/web/20160304044214/http://www.publishersweekly.com/article/CA6406735.html. March 4, 2016.
7. Milliot . Jim . Perseus Folds Two Imprints, Sells Another . Publishers Weekly . 2007-05-10 . https://web.archive.org/web/20100217075316/http://www.publishersweekly.com/article/CA6441065.html . 2010-02-17 .
8. Web site: Milliot . Jim . Skyhorse Gets Good Books, Sells Mayo Titles to Perseus . Publishersweekly.com . 29 December 2023.
9. Web site: Milliot . Jim . February 3, 2015 . New Investor for Perseus Books Group . 2016-04-04 . PublishersWeekly.com . en-US.
10. Natasha Onwuemezi, "Perseus sale to Hachette Book Group completed", The Bookseller, 1 April 2016
11. Web site: Hachette Book Group Reorganizes Lines, Announces About 25 Layoffs As DiPreta Departs. Publishers Lunch. 2018-12-30. 2018-11-13.
12. Web site: About Us . Perseus Books Group . 2010-01-16.
13. Web site: Avalon Publishing Acquires John Muir Publications. PublishersWeekly.com. 2019-01-29.
14. Web site: Seal Press Moves Under Da Capo's Purview. PublishersWeekly.com. 2018-01-17.
15. Web site: About Seal Press. Seal Press. 2020-02-03.
16. Web site: Publishers Look-up Service . . 2010-01-16.
17. Avalon to Acquire Carroll & Graf. Farmanfarmaian. Roxane. Publishers Weekly. 1998-12-07. 245. 49. 11.
18. Web site: Winton, Shoemaker & Co. Buys Counterpoint . Bridget . Kinsella . Publishers Weekly . 2010-01-16 . dead . https://web.archive.org/web/20090901002232/http://www.publishersweekly.com/article/CA6440961.html . September 1, 2009 .
19. Web site: Perseus Phasing Out Vanguard, Making Shifts at Running Press. PublishersWeekly.com. 2018-01-17.
20. Web site: Hachette Book Group Terminates Weinstein Imprint. Publishers Lunch. 2017-11-13. 2017-10-12.
21. Web site: Westview Press - Routledge. Routledge.com. en. 2018-09-21.