Bonnier Buys A Book Publisher

by The Editors on December 10, 2009

Bonnier Corp Logo-1The dying days of print have been a boon for TransWorld Media’s parent company Bonnier Corp. as they apparently see bargains everywhere.

Most recently the company has purchased Weldon Owen, an Australia publisher of “illustrated reference, lifestyle, and educational books,” according to a story on Foliomag.com.

Bonnier said adding Weldon Owen will allow the company to expand its existing magazine brands and content into book publishing projects. The company said it is considering bookazines, collectible yearbooks and other book products for sale on newsstands and online.

They’re obviously not letting anything get in the way of their quest for print domination.

[Link: Folio via Mediapost]

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