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Weekly News Digest

June 5, 2008 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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SAGE Acquires CQ Press

CQ Press (www.cqpress.com), the book publishing unit of Washington-based Congressional Quarterly, Inc. (CQ; www.cq.com), has been sold to SAGE Publications, Inc. (www.sagepublications.com), the independent academic publisher. The sale was announced jointly by Robert W. Merry, CQ’s president and editor-in-chief, and Blaise Simqu, SAGE’s president and CEO.

CQ’s corporate parent, Times Publishing Co. of St. Petersburg, Fla., announced on January 3 that it would divest CQ Press in order to direct investment resources to other opportunities, notably the core CQ publishing business and the company’s newspaper, the St. Petersburg Times.

CQ Press serves the library, college, and professional markets with a diverse array of print and online products. It publishes about 100 new titles each year, with a growing list of textbooks and reference titles focusing on political science, mass communication, and related disciplines. SAGE plans to keep CQ Press intact as a separate division based in Washington, D.C., bearing the CQ Press imprint, and retaining all CQ Press employees under the senior management team that will remain in place, including publisher John A. Jenkins, who will also carry the title of president of CQ Press.

SAGE, founded in 1965 as a publisher of academic journals, has expanded into a global education publisher of books, journals, and electronic products. In four locations around the world, SAGE publishes more than 500 journals and 700 books a year encompassing 40 disciplines within the academic and scholarly arena.

Source: SAGE Publications, Inc.



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