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Posted 18 Dec 2001   For week ended December 14, 2001
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Sent on Mormon-News: 15Dec01

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.


Kent Larsen 14Dec01 B4


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