By Porter Anderson, Editor-in-Chief | @Porter_Anderson
‘Pleased To Take Full Ownership’Ending a 10-year partnership with Brazil’s Ediouro Publicações, HarperCollins has announced that it has purchased remaining shares of the HarperCollins Brasil.
HarperCollins Brasil was launched in August 2015, a joint venture between the HarperCollins and the Ediouro Group, its corporate partner in Brazil. It brought together the Brazilian operations of subsidiaries Thomas Nelson and Harlequin and is now reported by the company to have more than 2,500 titles in print.
While HC Brasil “will operate independently on a go forward basis,” according to a news release, in logistics and warehousing, Ediouro is expected to continue working with the company.
In a prepared statement, HarperCollins president and CEO Brian Murray is quoted, saying, “While we have enjoyed a successful relationship with Ediouro, we are very pleased to take full ownership of HarperCollins Brasil.
“We see Brazil as an area of growth both for titles from our global imprints being published into the region, as well as for local authors.
“We are excited about this new structure and the new home for the organization.”
That reference to a “new home” involves a planned move, Monday (January 9) to a new headquarters facility on Rua da Quitanda in Rio de Janeiro’s financial district.
The Brazilian wing of Harper, according to its Web site, publishes some 350 titles per year, including books of general interest, children’s books, Christian literature, and fiction from around the world, as well as a selection of Brazilian authors.
Classified as the world’s second-largest consumer book publisher (after Penguin Random House) HarperCollins reports that it now publishes some 10,000 new books each year in 17 languages. It has a print and digital catalog, according to company literature, of more than 200,000 titles representing more than 120 branded imprints.