 |
|
Prince Frederick, MD—November 18, 2009—Recorded Books, LLC, the world’s largest independent producer of audiobooks and a Haights Cross Communications company, has announced a new imprint, ITK Audio (In the Know Audio). ITK Audio features nonfiction titles by award-winning, best-selling authors. The imprint is available immediately through Recorded Books’ Continuous Order Plans.
“Each year, the number of nonfiction books greatly exceeds the number of fiction books that are published. For our exciting new ITK Audio imprint, Recorded Books editors sort through thousands of submissions and select three releases each quarter from the most enduring and meaningful genres – history, biography, and memoir,” said Donna Vollmer, Library Marketing Manager. “We believe that libraries will find that ITK Audio releases will be immediately popular with their patrons.”
ITK Audio will feature nonfiction titles that people who are “in the know” are talking about and reading. Each quarter, Recorded Books will release three new titles under ITK Audio imprint. The imprint will generally avoid political, more sensational bestsellers, which tend not to endure as definitive works. Instead, selections will be made from the works of authors who are respected for the quality and originality of their work and that will likely be considered as relevant over five or more years from now.
Titles that are scheduled to be released include When Everything Changed: The Amazing Journey of American Women from 1960 to the Present, by Gail Collins; and The Clinton Tapes: Wrestling History with the President, by Taylor Branch.
About Recorded Books:
Recorded Books, LLC, a Haights Cross Communications company, produces and distributes unabridged audiobooks and other audio products to public and university libraries and schools on CD, cassette and Playaway digital player. Over 9,000 titles are available for adults, children, and young adults in English and Spanish languages narrated by professional, award-winning actors. Recorded Books also distributes music, educational lectures, independent films, and nonfiction films on DVD. Packaging is designed for high circulation. One-year warranty, cataloging, processing, and free MARC records are available. For more information, visit www.recordedbooks.com.
About Haights Cross Communications:
Founded in 1997 and based in White Plains, NY, Haights Cross Communications is a premier educational and library publisher dedicated to creating the finest books, audio products, periodicals, software and online services, serving the following markets: K-12 supplemental education, public and school libraries, and consumers. Haights Cross companies include: Triumph Learning, Buckle Down Publishing and Options Publishing, and Recorded Books. For more information, visit www.haightscross.com. Triumph Learning is HCC’ s test-preparation and intervention business and is comprised of its Coach, Buckle Down, and Options brands. Recorded Books is a leading publisher of unabridged audiobooks and other audio media for libraries, schools, and consumers, with operations in the U.S., U.K. and Australia.
Safe Harbor Statement:
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the Company’s plans, intentions and expectations. Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those projected. The forwardlooking statements that we make in this Current Report are subject to a variety of risks, uncertainties, and other factors known and unknown that could cause actual results to differ materially from such forwardlooking statements, including, but not limited to the completion of the Company’s announced restructuring and planned operation of our business, including the outcome and impact on our business of any resulting proceedings under Chapter 11 of the Bankruptcy Code. The Company makes no assurance that it will be successful in consummating the proposed Plan and restructuring or any other restructuring proposal on favorable terms if at all, which could also adversely affect the Company’s business plans and expectations. As a result, the Company makes no assurance that the treatment of creditors outlined in this report and the term sheet included in the Support Agreement will not change significantly. A more extensive discussion of the risk factors that could impact these areas and the Company's overall business and financial performance can be found in the Company's reports filed with the Securities and Exchange Commission. The risks included above are not exhaustive. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which any such statement is based.
|
