Bloomsbury Publishing Explained

Bloomsbury Publishing plc
Status:Active
Traded As:
Country:United Kingdom
Headquarters:London, England
Distribution:Macmillan Publishers Services (UK, US)
United Book Distributors (Australia)
Publications:Books, digital content products, and online resources such as databases
Imprints:
Embed:yes
Revenue:£264.1 million (2023)[1]
Operating Income:£25.6 million (2023)
Net Income:£20.2 million (2023)

Bloomsbury Publishing plc is a British worldwide publishing house of fiction and non-fiction. Bloomsbury's head office is located in Bloomsbury, an area of the London Borough of Camden. It has a US publishing office located in New York City, an India publishing office in New Delhi, an Australian sales office in Sydney CBD, and other publishing offices in the UK, including in Oxford. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[2]

History

The company was founded in 1986 by Nigel Newton, who had previously been employed by other publishing companies. It was floated as a public registered company in 1994, raising £5.5 million, which was used to fund expansion of the company into paperback and children's books. A rights issue of shares in 1998 further raised £6.1 million, which was used to expand the company, in particular to found a U.S. branch. In 1998, Bloomsbury USA was established. Bloomsbury USA Books for Young Readers was established in 2002, and in 2005, Bloomsbury acquired Walker & Co, a small company dedicated to publishing nonfiction.[3] The Walker brand was discontinued in 2015 and sold to Walker Publishing Company.[4] [5]

In December 2008, Bloomsbury opened a branch in Doha, Qatar in a joint-partnership with Qatar Foundation.[6] The partnership created a publishing house, Bloomsbury Qatar Foundation Publishing; it worked mainly with English and Arabic literature.[7]

Bloomsbury Qatar Foundation Journals (BQFJ), an open access and peer reviewed academic publisher, was created in December 2010 as a joint venture with Qatar Foundation. Journal research articles were published through BQFJ's website QScience.com.[8] The company's partnership with Qatar Foundation ended in December 2015 and all of Bloomsbury Qatar Foundation Publishing works were incorporated in Qatari-owned HBKU Press. At the time of BQFP's dissolution it had published over 200 books. BQFJ's works were also incorporated in HBKU Press.[9]

In 2012, Bloomsbury established a publishing office in India.[10] In May 2023, an article in The Verge reported that the cover of the UK edition of House of Earth and Blood, published by Bloomsbury, uses an AI-generated image.[11]

In 2018, it was confirmed that much of the company's growth over the previous two decades was attributable to the Harry Potter series by J. K. Rowling.[12]

Acquisitions and imprints

Among the companies, book lists and imprints that Bloomsbury has acquired are:[13]

See also

External links

Notes and References

  1. Web site: Annual Report 2023. Bloomsbury Publishing. 5 February 2024.
  2. Web site: Tyman (UK): Constituent Deletion Changes in FTSE UK Index Series. 29 July 2024. FTSE Russell. 1 August 2024.
  3. Web site: About Us. Bloomsbury Publishing. 19 October 2016. 31 January 2010. https://web.archive.org/web/20100131080834/http://www.bloomsburyusa.com/about. dead.
  4. Web site: Bloomsbury Consolidates Children's Imprints; Easton Leaving. PublishersWeekly.com. 2019-11-02. Jim . Milliot . 17 March 2014.
  5. Web site: Candlewick to Publish Walker Books in U.S.. PublishersWeekly.com. Judith . Rosen . 10 August 2017. 2019-11-02.
  6. Harding. Sue-Ann. 'But we don't read, Professor!' Translation, Bloomsbury Qatar Foundation Publishing, and building a 'vibrant literary culture'. Perspectives: Studies in Translatology. 22. 4. Abstract. 2014. 10.1080/0907676X.2014.948891. 60553880.
  7. News: Publishers seek new talent in Arab world . . London. Alison . Flood. Ian Black. 15 October 2008. 18 February 2016.
  8. News: 2010-12-25 . corresponding to 19 Muharram 1432 AH . <> tutliq alminbar al'iilikturunia QScience.com linashr aldawriaat . ar:«مؤسسة قطر» تطلق المنبر الإلكتروني QScience.com لنشر الدوريات . "Qatar Foundation" launches the electronic platform QScience.com to publish periodicals . live . https://web.archive.org/web/20160311001058/http://www.alwasatnews.com/news/516920.html . 2016-03-11 . 2016-02-18 . "Sahifat Alwasat Albahrayniat - Mamlakat Albahrayn" صحيفة الوسط البحرينية - مملكة البحرين [Bahrain Al Wasat Newspaper - Kingdom of Bahrain] . ar . 3032.
  9. Web site: Qatar's QF and Bloomsbury end partnership. The Bookseller. Charlotte. Eyre. 22 December 2015. 18 February 2016.
  10. Web site: Regulatory announcement. 24 July 2018. 24 July 2018. https://web.archive.org/web/20180724154142/http://www.bloomsbury-ir.co.uk/html/media/press_releases/2012/140212.asp. dead.
  11. Web site: Not even NYT bestsellers are safe from AI cover art. The verge. Jess . Weatherbed. 15 May 2023.
  12. News: JK Rowling's Harry Potter fuels Bloomsbury profit rise. 23 October 2018. 5 February 2024.
  13. Web site: Corporate history – Corporate and Investor Relations – Bloomsbury.com . 19 January 2015 . https://web.archive.org/web/20130722231642/http://bloomsbury-ir.co.uk/html/about/a_history.html . 22 July 2013 . dead .
  14. Bloomsbury cooks up deal with Absolute Press . The Bookseller . Graeme . Neill. 1 September 2011. 2018-07-07 .
  15. Web site: Chandler. Mark. Wood. Heloise. Bloomsbury buys Head of Zeus in £8.5m deal. 2 June 2021. 2021-11-10. The Bookseller.
  16. Web site: Bloomsbury Buys ABC-CLIO for $22.9Million. Publishers Weekly. Jim . Milliot . 16 December 2021.
  17. Web site: Milliot . Jim . Bloomsbury Buys Rowman & Littlefield Academic Division for $83 Million . 2024-05-29 . PublishersWeekly.com . en.

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