History
The company was founded in 1986 by Nigel Newton, who had previously been employed by other publishing companies. It was floated as a public registered company in 1995, raising £5.5million, which was used to fund expansion of the company into paperback and children's books. A rights issue of shares in 1998 raised a further £6.1m, which was used to expand the company, in particular to found a U.S. branch. Bloomsbury USA was established in 1998, Bloomsbury USA Books for Young Readers in 2002, and in 2005, Bloomsbury acquired Walker & Co, a small company dedicated to publishing nonfiction. In 2000 Bloomsbury acquired A&C Black Plc, and in 2002 acquired Whitaker's Almanack. In 2007, Bloomsbury published Bloomsbury 21, a reprint series of 21 of its most popular books to celebrate its 21st anniversary. In 2008, Bloomsbury opened a branch in Doha, Qatar, under joint-partnership with Qatar Foundation. The new publishing house, called Bloomsbury Qatar Foundation Publishing, will work mainly with English and Arabic literature and with translations from English into Arabic and vice versa.
Since September 2008, Bloomsbury collaborate with Waterstones to distribute e-books of their licenses. The Harry Potter novels are not included in the line-up.
Read more about this topic: Bloomsbury Publishing
Famous quotes containing the word history:
“Jesus Christ belonged to the true race of the prophets. He saw with an open eye the mystery of the soul. Drawn by its severe harmony, ravished with its beauty, he lived in it, and had his being there. Alone in all history he estimated the greatness of man.”
—Ralph Waldo Emerson (1803–1882)
“... the history of the race, from infancy through its stages of barbarism, heathenism, civilization, and Christianity, is a process of suffering, as the lower principles of humanity are gradually subjected to the higher.”
—Catherine E. Beecher (1800–1878)
“The principle that human nature, in its psychological aspects, is nothing more than a product of history and given social relations removes all barriers to coercion and manipulation by the powerful.”
—Noam Chomsky (b. 1928)