Astra Publishing House Acquires DAW Books

Astra Publishing House has acquired DAW Books, the science fiction and fantasy publisher founded in 1971. 

DAW is now Astra's sole SF and fantasy imprint, and DAW's existing staff will be retained. Its backlist includes Patrick Rothfuss, Tad Williams, C.J. Cherryh and Kristen Britain. Prior to the acquisition, DAW was owned by co-publishers Elizabeth R. Wolheim and Sheila E. Gilbert.

"We think this is the perfect fit for us, and it's exciting and refreshing to be an integral part of a new and growing company," said Gilbert and Wolheim. "It speaks volumes about Astra's respect for our company that they have included our entire staff. We're very happy."

Leying Jiang, Astra's president and CFO, said: "We're so thrilled to have DAW Books and its talented team joining Astra Publishing House. It feels like we are adding another bright star to our growing program. And so this acquisition marks a new milestone to Astra's journey to a successful future."

Established in 2016, Astra Publishing House has an adult imprint called Astra House that publishes fiction, nonfiction and poetry. In 2021, it created Astra Books for Young Readers, now comprising seven imprints.

"We're so excited to have DAW join our group here at APH," said COO Ben Schrank. "We have long been impressed with their amazing authors and unparalleled place in the pantheon of science fiction and fantasy publishing. We can’t wait to help them build on their legacy so they can continue to publish the very best books in their genre."

David Lamb and Susan Reich of Book Advisors initiated the transaction and served as lead investment banking representative for DAW, alongside Kuo-Yu Liang of Ku Worldwide. Alan J. Kaufman served as counsel to DAW.

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