1. Amazon to buy publishing biz of Trent

Amazon to buy publishing biz of Trent

Global online retailer Amazon on Friday announced that it will acquire the publishing business of Westland, a subsidiary of Trent Limited and one of the leading publishing houses in India, for an undisclosed sum.

By: | Bengaluru | Published: October 29, 2016 6:17 AM

Global online retailer Amazon on Friday announced that it will acquire the publishing business of Westland, a subsidiary of Trent Limited and one of the leading publishing houses in India, for an undisclosed sum.

In a statement, Amazon said, “the acquisition will enable Westland’s authors to grow their physical and digital book businesses in India as well as expand their reach to customers globally, and continues Amazon’s commitment to innovate on behalf of customers in India.”

Westland is one of the largest publishing houses in India. The publishing lists of Westland include best selling authors Amish Tripathi, Ashwin Sanghi, Rashmi Bansal, Rujuta Diwekar, Preeti Shenoy, Devdutt Pattanaik, Christopher C Doyle, Anand Neelakantan, Anuja Chauhan, Ravi Subramanian, BKS Iyengar and Savi Sharma, among others.

“This is a great day for our authors and their readers across the globe,” said Gautam Padmanabhan, CEO of Westland. “Amazon’s roots are in books and we are excited to be part of that team in the next phase of our journey.”

“In just three years we have built India’s largest online store that customers can trust to find, discover and buy anything online. Our acquisition of Westland continues our commitment to India — enabling Amazon to bring Westland’s highly talented authors and their books to even more customers in India and around the world,” said Amit Agarwal, vice president and country manager, Amazon India.

Westland has a history of over 50 years in retail, distribution and publishing. Westland is an amalgamation of two companies, Westland Books & EastWest Books (Madras). The company’s focus shifted to publishing from distribution in 2007, and is one of the fastest growing publishing house in India.

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