Egmont Publishing Sells USA List to Lerner Publishing Group
Following the decision in January to close the Egmont USA office, Egmont Publishing was approached by the Lerner Publishing Group and has now concluded a sale of its remaining US assets for an undisclosed amount.
CEO of Egmont Publishing International Rob McMenemy said, “I am delighted to be able to confirm that we have found a home for our authors with one of the US’s largest independently owned children’s publishers. I would like to take this opportunity to thank our authors and agents for their support during this transition.”
“The acquisition of the Egmont USA List shows Lerner’s commitment to building an acclaimed trade program,” said Adam Lerner, CEO and publisher of Lerner Publishing Group. “Egmont’s dedication to quality shows in their list of award-winning and bestselling books and we look forward to reaching out to Egmont authors and welcoming them to the Lerner Publishing Group family.”