Macmillan Publishers Ltd, also known as The Macmillan Group, is a privately-held international publishing company owned by Georg von Holtzbrinck Publishing Group. It has offices in 41 countries worldwide and operates in more than thirty others.
The company is made up of over 50 different divisions operating in five areas of publishing:
After retiring from politics in 1964, former Prime Minister of the United Kingdom Harold Macmillan became chairman of the company. After his death, his grandson Alexander Macmillan, 2nd Earl of Stockton took up the leadership of the publishers.
The company was one of the oldest independent publishing houses until 1995 when a 70% share of the company was bought by German media giant Georg von Holtzbrinck Publishing Group (Verlagsgruppe Georg von Holtzbrinc GmbH). Holtzbrinck purchased the remaining shares in 1999, ending the Macmillan family's ownership of the company.
Macmillan sold its U.S. operations to American owners in 1950, resulting in the creation of an American company Macmillan Publishing. Through its merger with Crowell Collier and other acquisitions, the U.S. publisher became a media giant in its own right, as Macmillan, Inc. It was acquired by the controversial British tycoon Robert Maxwell in 1989 and eventually dismembered in the wake of Maxwell's death (1991) and the subsequent bankruptcy proceedings. The textbook operations went to Prentice Hall and later Pearson. The name survived in America only for the encyclopedia division Macmillan Reference USA, an imprint of Thomson Gale.
Book publishing companies of the United Kingdom | Media companies of Germany
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