April 16, 2014

Audiobook Giant Recorded Books Sold To Private Equity Firm

Recorded Books logo

Recorded Books, one of the industry leaders in the audiobook market and a major supplier of the audiobooks, ebooks, and other electronic content to libraries has been purchased by the private investment firm Wasserstein & Co., LP. The company was sold by Haights Cross Communications, which has owned it since 1999. Terms of the sale were not disclosed.

Q&A: Recorded Books VP Matt Walker

Matt Walker

On October 16, Library Journal and School Library Journal will host “The Digital Shift: Reinventing Libraries.” Our fourth annual online event has itself been reinvented in a new format, offering program tracks focused around community, instruction, and getting beyond the container to new content. Recorded Books is a gold sponsor of the event, and LJ reached out to Matt Walker, vice president of Recorded Books, in the second of a series of interviews addressing how the ongoing digital shift is transforming the libraries of today and tomorrow.