Perseus Books Group is selling one imprint and closing two others as
part of the process of bringing Avalon Publishing Group and the Perseus
Books Group together. With the exception of the closed and sold
imprints, the company is trying, as president and CEO David Steinberger put it,
to continue "the model of autonomous publishing programs located in
various offices around the country, empowered with complete creative
independence and supported by a powerful set of central services."
Perseus is selling Counterpoint to Winton, Shoemaker & Co., which will move the house from New York to California and combine it with Shoemaker & Hoard Publishers; the company will then be known as Counterpoint. Charlie Winton will become chairman and publisher; Jack Shoemaker, the cofounder and publisher of Counterpoint, will become v-p and editorial director. Other partners in the new company include Robert Aitken, Wendell Berry, Gary Snyder and Perseus. (Earlier this year, Winton, onetime owner of PGW, sold Avalon Publishing Group to Perseus.). The deal is expected to close at the end of June. This fall, PGW will sell the Shoemaker & Hoard list and Perseus will sell the Counterpoint list. With the spring 2008 list, PGW will sell the combined Counterpoint.
Perseus is closing Carroll & Graf and Thunder's Mouth Press. Backlist and future titles from those imprints will be absorbed by other Perseus imprints. After the fall list, Avalon Travel and Seal Press will be sold by PGW; the other Perseus imprints--PublicAffairs, Basic Books, DaCapo Press, Running Press and Vanguard Press--will be sold by Perseus.
Perseus is selling Counterpoint to Winton, Shoemaker & Co., which will move the house from New York to California and combine it with Shoemaker & Hoard Publishers; the company will then be known as Counterpoint. Charlie Winton will become chairman and publisher; Jack Shoemaker, the cofounder and publisher of Counterpoint, will become v-p and editorial director. Other partners in the new company include Robert Aitken, Wendell Berry, Gary Snyder and Perseus. (Earlier this year, Winton, onetime owner of PGW, sold Avalon Publishing Group to Perseus.). The deal is expected to close at the end of June. This fall, PGW will sell the Shoemaker & Hoard list and Perseus will sell the Counterpoint list. With the spring 2008 list, PGW will sell the combined Counterpoint.
Perseus is closing Carroll & Graf and Thunder's Mouth Press. Backlist and future titles from those imprints will be absorbed by other Perseus imprints. After the fall list, Avalon Travel and Seal Press will be sold by PGW; the other Perseus imprints--PublicAffairs, Basic Books, DaCapo Press, Running Press and Vanguard Press--will be sold by Perseus.