News
Stone Bridge Press Founder Reacquires Company
posted on by Crystalyn Hodgkins
YOHAN, Inc. in 2005. Goodman bought the company from a former subsidiary of YOHAN, IBC Publishing of Tokyo, as YOHAN declared bankruptcy in 2008.
YOHAN had also bought Cody's Books of Berkeley and San Francisco during the time it owned Stone Bridge, and, according to Goodman, "money that had been planned for Stone Bridge operations instead got diverted to Cody's." Goodman explained this created a shortfall for Stone Bridge "just when it was expanding production to grow. Over time it became clear that IBC needed to concentrate on its own operations in Japan.”
Goodman also said that the company will be exploring new areas such as fiction and inspirational writing, and plans to branch out beyond Japanese and Asian subjects.
Stone Bridge published announced in 2008 and released in December 2009.
Source: Stone Bridge Press via Publishers Weekly
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