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By Kent Larsen
Aspen Books Outsources Distribution in Restructuring
SALT LAKE CITY, UTAH -- Aspen Books and Goldleaf Press, the LDS
publishers owned by LDS investing guru Wade Cook, will now be
distributed by an outside company as part of a major restructuring.
Under the changes, books published by the two publishers, will now be
distributed by Brigham City, Utah-based Brigham Distributing, owned
by a former employee, instead of by in house distributor Origin Book
Sales.
James Asay, publisher of Aspen and Goldleaf, announced the change
this past week in letters to the company's customers and authors.
Under the changes, Origin will no longer accept orders, and will
instead cease to exist. However, the publishing concerns will
continue their operations uninterrupted.
The restructuring marks a major change in the company, which had
positioned itself to provide a wide range of services, from
publishing to distribution of the books of other publishers. However,
in recent years the group has faced financial difficulties, leading
it to cut back the number of titles publishes. Under the new
arrangement, Aspen and Goldleaf escape the overhead associated with
distributing books, instead paying Brigham Distributing a fee for
each book handled.
The move also brings into the LDS market a new distributor, Brigham
Distributing, which is reportedly owned by former Origin Books
employee Barry Reeder. However, with the company just starting, it is
not clear what, beyond the Aspen and Goldleaf titles, Brigham
Distributing will carry. Origin Book Sales was distributing books for
other publishers, but which of those, if any, Brigham Distributing
will pick up is not clear.
Source:
Kent Larsen 14Dec01 B4
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