Holtzbrinck able to add titles, marketing support, Baker sez
HOLLYWOOD — German media group Holtzbrinck said Tuesday it has agreed in principle to acquire publisher Renaissance Media.
Terms weren’t disclosed. Deal builds on a relationship between the parties, as Holtzbrinck Publishers’ St. Martin Press unit currently distributes Renaissance Media’s books and audiobooks to the trade.
Renaissance’s popular book titles include Debbie Puente’s “Elegantly Easy Creme Brulee.” Its audiobooks include Robert Ludlum’s “Prometheus Deception.”
“It makes sense at this time to sell Renaissance to Holtzbrinck,” Renaissance’s Jeff Baker said. “They will be able to add strong titles and additional marketing support to the audio list.”