Open Road Integrated Media has bought RosettaBooks, the digital publisher with a catalog of more than 700 e-books, from private equity firm MEP Capital, which is also a minority investor in Open Road. RosettaBooks has been a client of Open Road's marketing services for more than seven years.
RosettaBooks founding publisher Arthur Klebanoff will continue as consultant, adviser, and the point of contact for Rosetta authors and agents. He commented: "I look forward to continuing as the steward of Rosetta's titles. Thank you to MEP for their outstanding support, and to Open Road, which is truly the ideal home for our authors and their works."
The companies said that the purchase "brings together two of the industry's pioneering digital publishers and singular e-book catalogs." Rosetta's catalog includes works by Walter Tevis, Terry Goodkind, Nancy Friday, Robertson Davies, Arthur C. Clarke, M.C. Beaton, Martin Gilbert, Barbara Taylor Bradford, and Winston Churchill, as well as books that are the basis of classic films Spellbound, The Manchurian Candidate, Dr. Strangelove, Field of Dreams, and The Graduate.
Open Road's catalog includes works by William Styron, Alice Walker, Graham Greene, Dee Brown, Walter Lord, James Herriot, and Pearl S. Buck.
Open Road CEO David Steinberger said, "We are deeply gratified to be bringing Rosetta's iconic collection of titles to Open Road's catalog. This is a list of truly astonishing quality."