November 23, 2017

Hachette To Buy Perseus Publishing Arm; Ingram To Acquire Distribution

Hachette Book Group (HBG) announced on March 1 that it had entered into an agreement to buy the Perseus Books Group, an independent publishing company. On March 3, Ingram Content Group announced its plans to purchase Perseus’s distribution operations. The two agreements come a little more than 18 months after an initial deal to sell Perseus’s entire operation to HBG fell through. Both parties hope to close the deals by the end of March, pending regulatory approval. Terms of the transaction were not disclosed.

Ingram’s Shawn Morin on Moving Out from Behind the Scenes

Shawn Morin was named president and COO of Ingram Content Group on January 6. He joined the company in 2009 as chief information officer, and had served as COO of the company since June 2012, managing the company’s commercial activities, systems, and operations.

Update: Shawn Morin Named COO of Ingram

This article has been updated to include comment from an Ingram spokesperson. Shawn Morin will serve as COO of Ingram Content Group Inc., effective immediately, Ingram CEO John R. Ingram announced on June 19. Morin will manage the company’s commercial activities, systems, and operations and report to Ingram. The company’s finance, legal and human resources […]

Skip Prichard to Depart Ingram Content Group

David (Skip) Prichard, president and chief executive officer of Ingram Content Group announced on May 25 that he will leave the company effective June 8. Current chairman John R. Ingram will assume the role of CEO at that time.

“Five years ago, I joined Ingram in large part because I was excited about the possibilities ahead for the company,” Prichard wrote on his personal blog. “Excited to work with John Ingram, I signed up to accomplish certain goals, and those goals have all been met one by one. Ingram Content Group is better positioned than ever before to navigate all of the changes happening in the industry.”