Herb Simon buys book reviewer Kirkus Reviews

The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
 
 
ACQUISITION 
FDN Database Reference:  F231109-324
 
Acquirer:  Herb Simon
Location:  USA, Indianapolis, IN
Region:  North America
Description:  Herb Simon is a business man and owner of the National Basketball Association’s Indiana Pacers and Chairman Emeritus of the Simon Property Group, an S&P 500 corporation.
Category:  Private
Contact 1:  Herb Simon
Contact 2:  Marc Winkelman, will become CEO of Kirkus Media
 
Vendor:  The Nielsen Company
Vendor Web:  http://www.nielsen.com
Business Sold: Kirkus Reviews
Location:  USA, Austin, TX
Region:  North America
Description:  Kirkus Reviews is a prepublication journal of book reviews. The company was founded in 1933. It is published biweekly and reviews, 2 to 3 months before the publication date, approximately 5,000 titles per year: fiction, mysteries, sci-fi, translations, nonfiction, and children’s and young-adult books.
Category: Reviews
Contact 1:  Andy Bilbao, Senior Vice President, Nielsen Business Media
 
Aprox. Value:  Undisclosed
 
Details:  Kirkus Reviews, the prepublication journal of book reviews, has been acquired by businessman Herb Simon from The Nielsen Company. Kirkus Media will be headed by Marc Winkelman, who is CEO of Calendar Holdings, a specialty retailer in which Simon has an interest. Herb Simon andMarc Winkelman also co-own Tecolote Books, an independent bookstore in Montecito, California.
 
Link: Kirkus Reviews Announcement

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