Posted by: anitanolan | January 22, 2015

Egmont US to Close

Sadly, Egmont US is closing effective the end of the month.

From their website:

Egmont Publishing, which at $900 million is the largest division in the Denmark-based Egmont group, employing 2,400 people across 30 countries, has a new strategic focus, which is to invest in books and magazine businesses where Egmont can hold a leading market position. One of the outcomes has been the decision to exit the standalone position in the US market, which they entered in 2008.

The company put the division on the market in October.

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