Sourcebooks (publisher) explained
Sourcebooks |
Parent: | Penguin Random House |
Status: | Active |
Founded: | 1987 |
Country: | United States |
Headquarters: | Naperville, Illinois |
Distribution: | - Raincoast Books (Canada)
- Melia Publishing Services (UK)
- New South Books (Australia & New Zealand)[1]
|
Keypeople: | Dominique Raccah |
Publications: | |
Imprints: | Sourcebooks, Landmark, Poisoned Pen Press, Fire, Jabberwocky, eXplore, Young Readers, Casablanca, Bloom Books |
Sourcebooks LLC is an American book publisher located in Naperville, Illinois. The company publishes books, ebooks, and digital products.
History
The company was founded in 1987 by Dominique Raccah as a business and finance publisher.[2] Raccah cashed in $17,000 from her retirement fund to start the press.[3] The company expanded into other categories of trade publishing.[4] As of 2010, the company had 54 apps in development.[5] By 2015, the publisher had 120 employees.[6] In 2010, they were the largest woman-owned book publisher in the United States.[7]
In 2013, the publisher launched a personalized stories creator application and website with its "Put Me In The Story" program. It has brands such as Sesame Street, the Berenstain Bears, and Hello Kitty, in addition to authors and illustrators such as Nancy Tillman.[8] [9] Later additions to "Put Me In The Story" included Curious George and characters from Disney and Nickelodeon, among others.[10] In 2013, Sourcebooks acquired the book publisher Simple Truths.[11] The company reported a 20% gain in sales in 2014, with particular gains from its Jabberwocky children's imprint and Fire young adult imprint. The results also included sales of more than two million picture books by Marianne Richmond.[6]
In December 2016, Raccah was named book publishing's "Person of the Year" by Publishers Weekly, a book publishing trade magazine.[10] In February 2017, Publishers Weekly reported NPD BookScan data showing Sourcebooks as the 18th-largest trade publisher in America.[12] Sourcebooks published 385 titles in 2017 and was the 14th-largest trade publisher in the U.S.
In 2018, Sourcebooks acquired the mystery imprint Poisoned Pen Press.[13] The following year, Penguin Random House acquired 45% of Sourcebooks, with the company forming a new management board that included Penguin Random House executives.[14] In 2023, Penguin Random House became the majority owner of Sourcebooks, owning 52% of the company;[15] and Sourcebooks acquired Callisto Media, the parent of Rockridge Press.[16] The same year, Penguin Random House and Sourcebooks launched Callisto China.[17] As of January 2024, Sourcebooks says that it is the seventh largest book publisher in the United States.[18] In 2024, Penguin Random House increased its stake in Sourcebooks to 75%.[19]
Imprints
- Sourcebooks (adult nonfiction)
- Sourcebooks Landmark (fiction)
- Sourcebooks Casablanca (romance)
- Cumberland House (gift, cookbooks, and history)
- Simple Truths (business, leadership, motivation, and inspiration)
- Sourcebooks Fire (young adult)
- Sourcebooks Kids[20]
- Sourcebooks Wonderland (specialized)
- Sourcebooks Jabberwocky (children)
- Sourcebooks Young Readers (middle grades)
- Sourcebooks eXplore (nonfiction)
- Poisoned Pen Press (mystery)
- Bloom Books (romance)[21]
Notes and References
- Web site: International Customers. Sourcebooks. 2018-02-12.
- News: A Closer Look at Sourcebooks, Dominique Raccah's "Female-Forward" Publishing Company. Button. Liz. 2018-05-23. American Booksellers Association. 2018-05-26. en.
- Web site: Kindling the ebook flame | Crain's Chicago Business.
- Web site: About Sourcebooks - Sourcebooks.com. www.sourcebooks.com.
- News: dominique-raccah-niche-publishers. Chicago Tribune . Ann. Meyer. 2010-09-13.
- Web site: At Sourcebooks, Diversification Drives Gains. Claire. Kirch. PublishersWeekly.com.
- News: Sourcebook . Chicago Sun-Times . dead . https://web.archive.org/web/20120323001052/http://napervillesun.suntimes.com/business/1920594-417/book-sourcebooks-books-raccah-digital.html?print=true . March 23, 2012 .
- Web site: Sourcebooks Adds New Favorites to Put Me In The Story Platform. 18 April 2013.
- News: Personalization In Publishing: Books Written Just For You. Greenfield. Jeremy. 2013-11-04. Forbes. 2016-11-09.
- News: Dominique Raccah: PW Person of the Year, 2016. Jim. Milliot. PublishersWeekly.com.
- Web site: Sourcebooks Acquires Simple Truths. Claire. Kirch. PublishersWeekly.com.
- Web site: Ranking America's Largest Publishers. Jim. Milliot. PublishersWeekly.com.
- Web site: Poisoned Pen Press Will Become Sourcebooks' Mystery Imprint. PublishersWeekly.com. 2019-01-01.
- News: PRH Takes Minority Stake in Sourcebooks. Jim. Milliot. John. Maher. Publishers Weekly. 2019-03-22. 2019-11-29.
- News: Milliot . Jim . Better Sales, but Higher Costs, for Publishers in 2023 . 2024-07-25 . PublishersWeekly.com . en.
- Web site: Penguin Random House, Sourcebooks Buy Callisto Assets. Jim. Milliot. PublishersWeekly.com.
- Web site: Nawotka . Ed . PRH and Sourcebooks Launch Callisto China . 2024-08-12 . PublishersWeekly.com . en.
- Web site: What does it mean to work at Sourcebooks? . 2024-08-12 . read.sourcebooks.com.
- Web site: Anderson . Porter . 2024-08-28 . Bertelsmann: Strong Showings in the First Half of 2024 . 2024-08-29 . Publishing Perspectives . en-US.
- Web site: Sourcebooks Launches Three Children's Imprints. Sourcebooks. 2020-06-06.
- Milliot. Jim. March 3, 2023. Dominique Raccah Does It Her Way. Publishers Weekly. March 4, 2023.