Tuesday, 27 Jul 2021 08:53 GMT

Entrepreneur Costley acquires Bite-Sized Books

Entrepreneur Julian Costley has acquired Bite-Sized Books, the UK publishing house founded by Dr Paul Davies.

Costley will become chief executive of the publisher as part of the new ownership structure, with Davies to serve as chairman, retaining his place on the board and keeping a minority shareholding in the business.

Founded seven years ago, Bite-Sized Books specialises in shorter books featuring between 10,000 and 12,000 words.

The publisher counts politicians Vince Cable, Sir John Redwood and Lord Heseltine among its writers, as well as broadcasters and journalists such as Mark Thompson, Clive Myrie and Jon Snow, and economists Vicki Pryce, Patrick Minford and Victor Hill.

“The asset value of Paul’s Bite-Size Books catalogue and the trusted relationship he has engendered with such an impressive list of authors is the near-perfect platform on which to build a sizeable media company,” Costley says.

“From today we’re open to new authors, new readers, and new partnerships.”    

Davies adds: “Book sales in the UK have grown over 8% in 2020, fuelled partly, of course, by the pandemic. But there’s definitely a sustainably attractive market for books and derivative media such as audiobooks, podcasts, and video.

“Julian is the perfect addition to Bite-Sized books as he comes with an incredible track record of brand development and fast growth in the content markets.”

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