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Amazon Publishing Acquires Avalon Books

Avalon titles in the Romance, Mystery and Western categories to be available digitally for the first time

SEATTLE--(BUSINESS WIRE)--Jun. 4, 2012-- Amazon.com, Inc. (NASDAQ:AMZN) and Avalon Books today announced that Amazon Publishing has acquired the publication rights from Avalon Books to over 3,000 backlist titles predominantly in the Romance, Mystery and Western categories. Established in 1950 by Thomas Bouregy, Avalon Books has long been a home to writers specializing in wholesome entertainment across popular genres, such as Holly Jacobs, Carolyn Hughey and Carolyn Brown, whose book “The Ladies’ Room” is nominated for a 2012 RITA by the Romance Writers of America.

“I’ve been running Avalon Books--which was founded by my father--since 1995, and it is time for me to explore the next chapter of my life,” said Ellen Bouregy Mickelsen, Publisher of Avalon Books. “I chose Amazon Publishing because they care deeply about the writers, readers, and categories that have long mattered to our family business and they are uniquely positioned to assure that our titles make the leap forward into the digital future. I am pleased they have asked me to assist during a period of transition to provide continuity and support for our authors.”

“Avalon has a long tradition in publishing wonderful stories that affirm a positive way of life,” said Philip Patrick, Director, Business Development, Rights and Licensing. “We are thrilled to have these talented writers join our publishing program. None of these titles have been digitized yet and we know Kindle customers will delight in this great new offering.”

Avalon books will be published under the West Coast imprints of Amazon Publishing, including Montlake Romance and Thomas & Mercer. These books will continue to be available in print for booksellers and libraries nationwide. Ms. Mickelsen will be assisting for several months to support a smooth transition for authors and to help secure eBook amendments for some of the older Avalon titles whose digital rights are not owned by Avalon, with the intention of bringing these books to a wider audience.

Avalon Books was advised on the transaction by Bill Barry who acted as exclusive broker on its behalf.

Amazon Publishing is the publishing arm of Amazon.com. Amazon Publishing’s West Coast Group includes imprints AmazonEncore, AmazonCrossing, Montlake Romance, Thomas & Mercer, and 47North. Amazon Publishing’s East Coast Group publishes adult trade, children's and young adult titles. For more information about all imprints of Amazon Publishing, visit www.amazon.com/amazonpublishing. Amazon Publishing is a brand used by Amazon Content Services, LLC.

About Amazon.com

Amazon.com, Inc. (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as Books; Movies, Music & Games; Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids & Baby; Grocery; Apparel, Shoes & Jewelry; Health & Beauty; Sports & Outdoors; and Tools, Auto & Industrial. Amazon Web Services provides Amazon’s developer customers with access to in-the-cloud infrastructure services based on Amazon’s own back-end technology platform, which developers can use to enable virtually any type of business. The new latest generation Kindle is the lightest, most compact Kindle ever and features the same 6-inch, most advanced electronic ink display that reads like real paper even in bright sunlight. Kindle Touch is a new addition to the Kindle family with an easy-to-use touch screen that makes it easier than ever to turn pages, search, shop, and take notes – still with all the benefits of the most advanced electronic ink display. Kindle Touch 3G is the top of the line e-reader and offers the same new design and features of Kindle Touch, with the unparalleled added convenience of free 3G. Kindle Fire is the Kindle for movies, TV shows, music, books, magazines, apps, games and web browsing with all the content, free storage in the Amazon Cloud, Whispersync, Amazon Silk (Amazon’s new revolutionary cloud-accelerated web browser), vibrant color touch screen, and powerful dual-core processor.

Amazon and its affiliates operate websites, including www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, www.amazon.cn, www.amazon.it, and www.amazon.es. As used herein, “Amazon.com,” “we,” “our” and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

Source: Amazon.com, Inc.

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