The consolidation of magazine sales and distribution in Canada and the United States is continuing, this time with the acquisition of the Ingram Periodicals LLC's magazine business by TNG GP [formerly The News Group], according to a release. TNG, which operates throughout North America, is a division of The Jim Pattison Group. headquartered in Vancouver. With the purchase, TNG will expand its title availability, particularly international editions. Ingram will retain the other divisions in its Ingram Content Group which deal with book distribution, library services, print-on-demand and digital content publishing.Along with Hudson News, TNG remains one of the last few major single copy wholesalers available to magazine publishers.
“Ingram is a well-respected organization servicing the needs of its clients,” said TNG president David Parry. “Their magazine delivery methodology is considerably different than TNG’s current model and this acquisition will position our company to meet the service needs of an ever-changing market place.”
“Ingram Content Group has invested in people, strategies, technology and services to help content reach its destination,” said Shawn Everson, chief commercial officer at Ingram Content Group. “TNG is well positioned to serve these customers, and we’re looking forward to their continued success in the magazine industry.”
- Jim Pattison Group buys Comag newsstand distribution firm from Hearst and Condé Nast
- Increasing clout of The News Group in U.S. magazine distribution is noted