Media Do International, the U.S. subsidiary of Media Do Ltd., in Tokyo, Japan, has bought Quality Solutions/Firebrand Technologies and NetGalley. Fran Toolan, founder and CEO of the companies, will remain as CEO for at least three years.
Toolan said, "Media Do has been NetGalley's partner in Japan since 2016, and we know each other quite well. Firebrand and NetGalley have never been stronger as companies, and I believe that becoming part of the Media Do Group ensures continuity for our customers and opportunities for our team for many years to come."
Daihei Shiohama, CEO of Media Do International, commented: "We are very pleased to bring Firebrand and NetGalley into the Media Do family. We have long respected the works of the Firebrand Group, and are very excited about the prospects of working closely with them in the future."
Quality Solutions/Firebrand Technologies was founded in 1987 and acquired NetGalley in 2008. Firebrand and NetGalley provide marketing and technology services for more than 500 publishers worldwide. NetGalley operates websites in the U.S., U.K., France, Germany and Japan.
Media Do Co., Ltd. is one of the largest e-book distribution companies in the world and has the single-largest share of Japan's $3.7 billion e-book market, it said. Media Do Group's mission is "to realize a sound creative cycle for copyrighted works by distributing them as widely as possible under fair use and maximizing profits to publishers/authors and rights owners."