Timber Press

Matt Mattus mmattus@charter.net
Sun, 28 May 2006 16:24:54 PDT
I'm optimistic with the deal.

I would imagine that the acquisition required an an examination of
profitability and growth potential, and since Workmans' portfolio consists
of numerous other small publishing houses that specialize in enthusiast
niche publications, that the opposite may actually happen - more
opportunities like better distribution, asset sharing and a better margin.
There may be more opportunities for more specific gardening books.

Look at it this way: why would a publishing house be interested in a company
like Timber? They would benefit nothing by reducing titles or becoming more
generic. They had to have looked at the deal as an opportunity. To acquire
specialty publisher to balance out their portfolio of other specialty and
novelty books. 

In my business (the toy industry) we acquire many companies, some are
integrated, but if they have a consumer base, and are profitable, you leave
it alone or manage it. I am no expert, but would imagine the publishing
world to be no different, it certainly isn't over, Workamn's will most
likely be acquired by someone else someday.

To me, this just sounds as simple as it appears.  The previous owner and
founder has decided to sell, and Workman's bought it as part of an
investment and growth strategy. Little happened with the Storey acquisition,
and I would think, as long as Timber continues it's growth, not much will
happen there.

Matt Mattus
Worcester, MA

On 5/28/06 4:59 PM, "Blee811@aol.com" <Blee811@aol.com> wrote:

> In a message dated 5/28/2006 1:31:46 P.M. Eastern Standard Time,
> jglatt@hughes.net writes:
> Lee,  seeing as how Timber Press has been bought by Workman (who also
> inhaled  Storey) I'm just hoping Timber Press stays Timber Press, if you
> know what  I mean.
> ===>I hope so too, Judy, but it's a worry. The new owners will most  likely
> be looking at how to make Timber more profitable, which probably means  the
> end 
> of the specialty genera titles, which have never sold in great  volume.
> Bill Lee
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