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PERFECT BOUND TECHNOLOGIES ACQUIRES PUBMATCH, EXPANDING GLOBAL PUBLISHING CAPABILITIES
[October 7, 2024, New York City, NY] – Perfect Bound Technologies Corp., a leading publishing platform providing comprehensive solutions for independent publishers worldwide, is thrilled to announce the acquisition of PubMatch, a global rights and licensing marketplace founded by Jon Malinowski, CEO of the Combined Book Exhibit. This strategic acquisition further solidifies Perfect Bound’s commitment to enhancing the tools and services available to the entire global publishing community.
ABOUT PUBMATCH
PubMatch is an innovative platform dedicated to facilitating the buying and selling of publishing rights worldwide. It connects publishers, agents, authors, and rights representatives, enabling seamless rights transactions and providing a space for industry professionals to showcase their titles and negotiate deals. With a robust membership base spanning across continents, PubMatch has been a critical tool in the international publishing landscape, helping members manage their rights information and streamline the entire rights transaction process.
PERFECT BOUND’S STRATEGIC VISION
With the acquisition of PubMatch, Perfect Bound continues to expand its suite of services designed to empower independent publishers and streamline their operations. Perfect Bound’s platform, known for its global printing marketplace, has added title management, sales and inventory tracking, royalty management, and global distribution provided by Simon & Schuster, and will now be further enhanced by integrating PubMatch’s rights and licensing capabilities.
Jon Malinowski, President and CEO of PubMatch, commented on the acquisition: “Since founding PubMatch, our mission has been to simplify and globalize the process of rights transactions, making it accessible to publishers and agents across the world. Joining forces with Perfect Bound not only aligns with this vision but elevates it. I’m excited to see how the integration will empower our users with a unified platform that streamlines every aspect of publishing rights management, from discovery to deal-making. It’s a win for the global publishing community, and I look forward to seeing what we can achieve together.”
Chris Yeung, President and CTO of Perfect Bound, added: “PubMatch has been a game-changer in the publishing rights marketplace, and we are excited to bring this powerful tool into the Perfect Bound family. By integrating PubMatch’s rights management features with our existing platform, we aim to provide publishers with an even more comprehensive solution that covers every aspect of the publishing process, from manuscript to market. This acquisition aligns perfectly with our mission to support publishers in reaching global audiences and maximizing their revenue potential.”
WHAT THIS MEANS FOR PUBLISHERS
The acquisition of PubMatch by Perfect Bound will provide publishers with a unified platform that simplifies the complexities of publishing in the global market. Publishers using Perfect Bound will now have direct access to PubMatch’s extensive network of rights professionals, making it easier to discover, negotiate, and finalize rights deals. The integration will also streamline the management of metadata, sales, files, contracts and royalty accounting across every facet of the book publishing process.
ABOUT PERFECT BOUND TECHNOLOGIES CORP.
Perfect Bound Technologies Corp. is a cutting-edge publisher platform that allows independent publishers to operate their entire business from a single SaaS solution. With features including title management, sales and inventory tracking, a two-sided global printing marketplace, and royalty and rights management, Perfect Bound is trusted by over 170 publishers worldwide. Perfect Bound is committed to democratizing the publishing process and enabling publishers to reach their full potential in a rapidly evolving industry.
LOOKING AHEAD
The integration of PubMatch into Perfect Bound’s platform is expected to be completed by Q4 2024. During this period, both companies will work closely with their respective user bases to ensure a smooth transition and to maximize the benefits of this powerful new partnership.
PERFECT BOUND CUSTOMERS GAIN ACCESS TO SIMON & SCHUSTER DISTRIBUTION
Brooklyn, New York // July 23, 2024 — Perfect Bound (www.perfectbound.io), the startup platform enabling publishers to solicit print jobs from printers worldwide, will partner with Simon & Schuster Client Services to offer distribution services to independent publishers using the Perfect Bound platform.
This collaboration marks another significant milestone for Perfect Bound, which recently launched title management services and plans to introduce rights and royalties management, as well as sales and inventory tracking in September of this year. The platform serves a diverse client base, from emerging presses like Collective Book Studio, Inimitable Books, Library Tales, Rocky Nook, She Writes Press, Authors Equity, Mango Publishing, and Cardinal Rule Press to established houses such as Abrams, Chronicle Books, and Gibbs Smith. Offering distribution services is an obvious next step for Perfect Bound, given its aim to provide a comprehensive suite of services to support independent publishers in the evolving publishing landscape.
“We are thrilled to be partnering with Simon & Schuster to open up global distribution to more independent publishers of all sizes,” said Keith Riegert, CEO of Perfect Bound and Ulysses Press. “Finding economical and effective distribution as a fledgling publishing house has become increasingly difficult; and we are looking to provide a much-needed solution. Our house, Ulysses Press, has been a longtime client publisher at S&S, and I have admired how agile, innovative, and forward-thinking they are at selling books. They are the perfect distribution partner for Perfect Bound.”
Michael Perlman, VP and General Manager of Simon & Schuster Client Services, also commented: “We are delighted to work with Perfect Bound to bring world-class distribution services to an even larger slate of publishers. It is an exciting time for this innovative collaboration, and we look forward to continuing to work together with Keith Riegert, our valued distribution client Ulysses Press, and Perfect Bound.”
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About Perfect Bound: Perfect Bound is a dynamic SaaS platform that offers independent publishers a comprehensive suite of software services. Developed on Vimbly Group's innovative tech stack, Perfect Bound offers title management and a revolutionary printing marketplace. In 2024, it will expand its services to include rights and royalties management as well as sales and inventory tracking.
About Simon & Schuster Client Services: Simon & Schuster offers independent publishers a full range of services. Their client publishers benefit from all the advantages of the S&S infrastructure, including sales, fulfillment, production, digital support services, and more.
About Vimbly Group: Vimbly Group is a technology-oriented business-growth company. We believe that technology is the key ingredient to better than linear growth. As such, Vimbly Group partners with businesses from an ever-widening range of categories to identify inefficiencies in their operations and then develop unique technologies that resolve them and realize significant sources of new revenue.
About Pacific & Court: Pacific & Court is an award-winning Brooklyn-based boutique publicity and digital marketing company specializing in promoting independent authors and book publishers.
For media and interview queries, please contact Kourtney Jason at kourtney@pacificandcourt.com.
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