‘As if we’ve built a fountain of youth for backlisted titles,’ David Steinberger writes in his appraisal of Open Road’s past year.
Originally founded in 2009 by Jane Friedman, Open Road enters a new chapter under the ownership of an investment group, with David Steinberger coming in as CEO.
The co-directors of the Cambridge-based ebook publisher are to stay with the company as Open Road buys it.
Riding high on the success of its niche-interest sites, Open Road announces a doubling of those sites and new marketing services for publishers.
Still on the road to profitability, Open Road Integrated Media reports good performance in 2016 with 22 million people engaged in its consumer sites.