Four Bonnier Publishing imprints – Templar Publishing, Weldon Owen, Studio Press and Blink Publishing – are to be brought under a new division, resulting in the loss of “less than five” jobs.
Kings Road Publishing will see Templar Publishing, Weldon Owen and Studio Press relocate from Dorking in Surrey to Chelsea in London, where Blink Publishing is based, from 14th September. All four imprints have been under the control of Blink m.d. Perminder Mann, who becomes m.d. of Kings Road Publishing.
The four imprints will sit under the new holding company name Kings Road Publishing, a division of Bonnier Publishing.
As part of the reorganisation, there have been a number of redundancies mostly in administrative areas. Bonnier would not give exact figures, but said there were less than five redundancies.
Mann has also appointed two new people to the division, who started this week.
Andrew Sauerwine, previously at Penguin Random House, is the new UK sales and marketing director for Kings Road Publishing, and Kari Tavendale, previously at Egmont Publishing, joins as brand, licensing and digital director.
Mann said: “As part of Bonnier Publishing’s significant growth in the last 12 months it was essential for me to bring all parts of the business together under one roof where the teams can work creatively together and sit alongside one another. Both Andrew and Kari bring additional value; their expertise and knowledge of publishing will cement what is already a dynamic, entrepreneurial team. I’m proud of what we’ve achieved so far and I’m really excited for what the future holds.”
The reorganisation is the second such announcement from Bonnier in a month.
In August, Bonnier Publishing Fiction, a division of Bonnier Publishing, moved offices to Marylebone to accommodate “the expansion of its rapidly growing business.”
The move from the company’s former office in Clerkenwell, London, followed the launch of imprints Zaffre and Twenty7 and the recent acquisition of the Totally Entwined Group at the end of June. Bonnier Publishing Fiction is now located at 80-81 Wimpole Street, London, W1G 9RE and house children’s imprints Hot Key Books and Piccadilly Press, as well as adult fiction imprints Zaffre and Twenty7. Totally Entwined Group, however, continues to be based at offices in Lincolnshire.
Bonnier Publishing, which has made a number of business acquisitions recently, has laid out a plan to make £100m in turnover by 2016 through rapid growth and acquisition.