The Hachette Book Group has secured the purchase of the Perseus Books Group’s publishing business. This deal will be finalized after regulatory approval has been granted.
Here’s more from the press release: “Perseus comprises nine imprints: Avalon Travel, Basic Books, Basic Civitas, Da Capo Press, Da Capo Lifelong Books, PublicAffairs, Running Press, Seal Press, and Westview Press, plus partnerships with The Economist, The Nation Institute, Participant Media, and The Weinstein Company. Perseus, one of the largest general trade publishers in the US, is well known for its strength across a wide range of serious and popular non-fiction categories – including history, science, religion, economics, biography, social criticism, music, popular culture, travel, health, parenting, and self-help. Perseus brings out approximately 500 new titles per year and has a deep, diverse backlist of more than 6,000 books, reaching back 60 years.”
The company plans to transform Perseus Books into a new division. Susan Weinberg will come on board as the senior vice president and publisher. Weinberg has devoted more than 10 years of her career to serving as an executive at Perseus Books.