LJ Buyout

Excerpt from LJ Academic News Wire, 3-2-2010:

At Library Journal, we’re pleased, and relieved, at the turn of events that has aligned us with a library company, Media Source, headed by CEO Randy Asmo. Soon we will move to new digs in New York City (location TBD), along with our sister publication School Library Journal, and will continue to be led by publisher Ron Shank.

We join two prestigious and long-established entities in the library field, The Horn Book, which has reviewed the high end of children’s book output since 1924, and Junior Library Guild, less familiar to LJ but not to our SLJ colleagues, a book-subscription program that has been supplying school and public libraries with hand-selected titles, many of which have gone on to be award winners, since 1929. Both companies have prospered under Media Sources’s new management.

Read the article online at http://www.libraryjournal.com/article/CA6720991.html?nid=2673&source=link&rid=17252211

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