Reed Business Information-US sells School Library Journal and Library Journal to Media Source

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ACQUISITION 
FDN Database Reference:  F231109-342
 
Acquirer:  Media Source
ACQ Web:  http://www.mediasourceinc.net
Other Web Links: Junior Library GuildThe Horn Book 
Location:  USA, Columbus, OH
Region:  North America
Description:  Media Source is the parent company of Junior Library Guild (JLG) and The Horn Book , Inc. JLG is a review and collection development service that provides new release children’s and young adult books to more than 17,000 school and public libraries. The Horn Book , Inc. reviews children’s and young adult books in two print publications, The Horn Book Magazine and The Horn Book Guide.
Category:  Publisher, Education
Contact:  Randall Asmo, CEO 
 
Vendor:  Reed Business Information – US
Vendor Web:  http://www.reedbusiness.com/us.html
Business Sold: Library Journal and School Library Journal 
Location:  USA, New York, NY
Region:  North America
Description 1:  Reed Business Information – US: Business-to-business information provider, with more than 80 market-leading publications and Websites, as well as a range of services
Description 2:  School Library Journal (SLJ): Each monthly issue of SLJ includes reviews of children’s and young adult books, audio, and multimedia products, as well as news, features, and columns that deliver the perspective, resources, and leadership tools necessary for its readers to become indispensable players in their schools and libraries. More than 100,000 librarians who work with students in public and school libraries read School Library Journal.
Description 3:  Library Journal (LJ): Founded in 1876, Library Journal is the oldest and most respected publication covering the library field. Over 100,000 library directors, administrators, and staff in public, academic, and special libraries read LJ. In its twenty annual issues, LJ reviews nearly 7000 books and provides coverage of technology, management, policy, and other professional concerns.
Category: Media Owner, Publisher
Contact:  John Poulin, Chief Executive Officer
 
Aprox. Value:  Undisclosed
 
Details:  Media Source Inc. has acquired Library Journal and School Library Journal from Reed Business Information – US. The acquisition includes all print and Web products, services, supplements, and newsletters, including Library Hotline. With this purchase, Media Source, best known for its ownership of Junior Library Guild and The Horn Book, Inc., adds substantially to its product offerings in the library market. The businesses will continue to operate from New York and Editor-in-Chief Brian Kenney and Publisher Ron Shank will remain in their current roles.
 
Company Announcements:

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