Wednesday, February 18, 2015

Faber Ends US Partnership with FSG

Publishers Lunch


Farrar, Straus and Faber and Faber announced jointly on Tuesday that they will terminate their 17-year partnership in the American-based Faber and Faber, Inc. effective immediately. FSG will retain the rights to all of the titles published through the partnership and will migrate them to the FSG colophon over the next 18 months. Mitzi Angel will continue to acquire and publish as executive editor for Farrar, Straus. The UK's Faber and Faber will "be announcing its plans for the U.S. market shortly."

Faber and Faber chief executive Stephen Page explains a little further in the announcement, making clear that Faber is driving the news:
 "FSG and Faber's partnership, since its beginning in 1998, has been a highly fruitful and successful one. There could have been no more sympathetic and valuable home for the Faber brand than FSG for seventeen years. The market, though, for English-language publishing has become increasingly global and digital and it has become important for us, as a UK-based publisher, to be able to operate under our strong brand in all English language markets and, of course, the United States is the largest of these. While this joint ownership is ending, we know that the history, values, and editorial spirit we share with FSG will endure in the many other ways we work together."

FSG president and publisher Jonathan Galassi adds, "Though Faber and FSG are ending our formal affiliation, our long-standing editorial relationship...will continue."

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