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Publishing: Expanding an indie: acquiring a publishing company

Jane Rowland, operations director at Troubador Publishing, gives an insight into what happens when taking over another publishing company

On a sultry summer’s afternoon in a hot office in Hove, two managing directors of UK indie publishing houses got together to put the final signatures on the paperwork that confirmed Troubador Publishing Ltd as the new owner of The Book Guild Ltd. After celebrating with a much-needed cold beer, the hard work to reposition and modernise The Book Guild began...

The history

The Book Guild was founded in 1993 as a publishing house with a partnership-publishing element. Based in Brighton & Hove, it published up to 100 books a year across all genres. The company applied a traditional publishing model to self-publishing at the top end of the market, and while it had a good reputation, it had lagged behind recent developments in the author services market. The previous owners made no secret of the fact that new impetus was needed for the company to move forward and thrive in an increasingly competitive market.

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FREE 2016 Competition supplement: Win £400,388 in over 250 writing competitions • The bigger prize: Why comps are good for you , win or lose • Beat the Brontës: Explore Charlotte's style and try your hand in our special competition • How to: Craft credible historical fiction Use humour in your writing Learn from the short story masters • Star interview with TV scriptwriter Sally Wainwright, Bafta-winning author of Happy Valley

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