Publishing news: Library Journal bought by RLJ Companies
The publishing industry trade journals Library Journal, School Library Journal, and Horn Book Magazine and Guide changed hands Wednesday. Parent company Media Source Inc. (MSI) was purchased by the RLJ Companies.
"We believe MSI is a very important company in terms of its contributions to improving library systems and public school systems," Robert L. Johnson, founder of the RLJ Companies and chairman of RLJ Equity Partners, said in a statement. "We are pleased to own a company that is a trusted resource for librarians and school systems across the country and look forward to expanding in metropolitan markets domestically and internationally."
The release notes that with its multiple publications, MSI serves more than 100,000 librarians at thousands of libraries nationwide, making it the leading provider of information content and editorial book reviews for academic, public and school libraries.
Will the change of hands mean a change in the publications, their staffs or the way they do business? Stay tuned.
-- Carolyn Kellogg
Image: The RLJ Companies