HarperCollins has continued the expansion of its Global Publishing Program with the creation of HarperCollins Italia.
Harlequin Mondadori, which has operated in Italy for 34 years and was formerly a joint venture with Harlequin Enterprises and Mondadori Libri, will now be fully owned by HarperCollins after it bought Monadadori's 50% share in the company. The Italian press has reported that HarperCollins paid €6.7m for the buyout.
The business will continue to publish romance under the Harmony imprint, and expand its commercial trade publishing with titles from HarperCollins and Harlequin, as well as local authors.
Brian Murray, president and c.e.o of HarperCollins Publishers said: “We're excited to announce HarperCollins Italia and expand our presence in Europe. This is the next step in our plans to provide our authors with a global, multi-language publishing platform to help them reach the widest possible audience for their work.”
Paola Ronchi, managing director of the former Harlequin Mondadori, will become managing director of the newly formed HarperCollins Italia.
“I’m very proud to launch the HarperCollins brand in Italy,” said Ronchi. “I believe that the experience of my Italian team combined with the quality and variety of the HarperCollins portfolio will provide a powerful platform to reach readers with a compelling list of titles and authors.”