April 25, 2018

Book News: University of Toronto Press Buying Broadview Press Soc Sci Operation

By Michael Rogers

  • Deal to be completed by May 1
  • Price reported to be $1 million to $1.2 million
  • Soc sci generated 34 percent of Broadview’s ’07 profits

The University of Toronto Press is buying the social sciences publishing unit of Calgary-based textbook publiher Broadview Press Inc. The Canadian press reports that the binding letter of intent was approved by the University of Toronto Press’s board on March 19 with the sale to be completed by May 1. An exact price was not disclosed, but it is believed to be from $1 million to $1.2 million. The social science texts generated 34 percent of the publisher’s 2007 profits, so it’s a healthy business.

Broadview’s social sciences list includes titles in anthropology, history, politics, and sociology. Toronto also is hiring a handful of Broadview’s personnel from marketing and editorial to continue working on their titles.