Scribo acquisition ‘yet to deliver on its promise’ says PMP; G&G revenue falls 4.6% in 2009-10

10 January 2011 Books+Publishing

PMP, the owner of book distributor The Scribo Group, has admitted its acquisition of the distribution business in September 2008 'has yet to deliver on its promise'. In the company's 2009-10 annual report, released in November 2010, PMP stated that new book publishing had fallen 'by two-thirds during the year, reflecting...