Tim Hely Hutchinson, CEO of Hachette UK, today announces the acquisition by Hachette UK of Bookouture, Britain’s leading independent ebook publisher.
“I am delighted to announce today that Hachette UK has acquired Bookouture, the UK’s leading ebook specialist publisher.
“In just four years since it was founded, Bookouture has established itself as an outstandingly successful and innovative ebook publisher. Its formidable reputation and enormous success in publishing many bestselling ebook authors, including Angela Marsons, Louise Jensen and Robert Bryndza, whose novel The Girl in the Ice has sold over one million copies, demonstrates that Bookouture probably knows more about selling ebooks than any other publisher in the world.
“The acquisition of Bookouture is a landmark event for Hachette UK, demonstrating the scope of our ambition to expand and develop our core publishing business by acquiring the best companies in their field where the fit is right and their ambition matches our own. Bookouture has achieved remarkable things in its short history and, while it will continue as a standalone business, I know that we will mutually enhance and grow our businesses through, where it is appropriate, sharing our expertise and pooling our talents.”
Oliver Rhodes, CEO of Bookouture, will continue in this role and will also become Digital Publisher of Hachette UK. He will join the board of Hachette UK reporting to David Shelley, CEO of Little, Brown and Orion. In his new dual role Oliver will both continue to run Bookouture and, by steering and advising, also help increase ebook sales across the Hachette UK group.
Bookouture employs 16 people, all of whom will remain with the company, which will continue to be based in its offices in King’s Cross.
Hachette UK is the second largest publishing group in the UK. The group consists of over 50 different imprints comprising seven publishing divisions: Hodder & Stoughton (including John Murray Press and Quercus); the Headline Publishing Group; Little, Brown Book Group; Orion Publishing Group; Octopus Publishing Group; Hachette Children’s Group and Hodder Education (including Rising Stars); publishing books in all formats for all ages and tastes.
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