By Porter Anderson, Editor-in-Chief | @Porter_Anderson
‘More Detail in Q1’In a short announcement from the UK today (December 4), Marcus Leaver has told the news media that he’s forming the Gemini Books Group, a company designed to build a publishing house aimed at the United Kingdom and North American market, “through the acquisition of established companies and by incubating start-up businesses in scalable areas of the market.”
The fast-growing Welbeck, which was sold to Hachette UK bit over a year ago, at the end of November 2022, and was reported at the time by Lauren Brown at The Bookseller to expected to surpass £25 million (US$31.5 million) in revenue for the year.
The focus of the house is to be on nonfiction gift books and children’s books. This initial announcement reports that acquisitions to date include Imagine That; Palazzo Editions; Ad Lib Publishers; Mardle Books; and Pimpernel Press.
While Leaver will serve as group publisher, London’s Jon Rippon, the founder of Rippon Publishing Management and co-owner and chief at Palazzo Editions is to become the group finance director at Gemini, Leaver says.
In a quote on today’s news, Leaver says, “I look forward to working with Jon to build a publishing business where we can focus completely on making and selling great books.
“We have long-term funding from both sides of the Atlantic that will enable us to build the group patiently, working with our extensive network of partners around the world.
“These initial acquisitions are an excellent springboard for us and I’m pleased Jon is staying with the company in a new guise.”
In another message, this one on social media. Leaver adds, “After a year ‘in the garden,’ I’m pleased to announce the launch of Gemini Books Group. It will be good to be back in the publishing game.”
Asked today by Publishing Perspectives what the time line may be for getting Gemini’s output onto the market, Leaver said, “Nothing to reveal yet. More detail in Q1 2024.”
Leaver is the chair of Think Media Group, the CEO of which, Ian McAuliffe, writes on social media today that Gemini Books Group is “a hugely exciting project that offers all Think’s clients a fantastic route to market for their books.”