Films Media Group Acquisition Expands Infobase Video Offerings
Infobase Publishing Company (Infobase) announced today that it bought Films Media Group (FMG) from PRIMEDIA Inc.
FMG is a leading provider of high-quality educational videos and multimedia programs. It serves schools, colleges, libraries, the medical community, and other institutions.
Infobase is an educational media company that owns such well-known reference publishing imprints as Facts On File and Bloom’s Literary Criticism. Infobase is a portfolio company investment of Veronis Suhler Stevenson, a private equity firm that invests in the media, information, and education industries.
About Films Media Group
FMG offers over 12,000 titles on many topics. They are available on DVD, digital, and VHS. Films for the Humanities and Sciences (FFH&S), Cambridge Educational, Meridian Education, and Shopware make up the organization. The content covers many fields, like art, computer science, literature, and consumer science. It also includes teacher education, social studies, psychology, legal studies, and more.
“There are many similarities between our two businesses,” said Mark McDonnell, president of Infobase. “From an operational and a strategic standpoint, we see FMG as an ideal fit for us. The educational market—the market we serve—is looking for better, more integrated learning tools and solutions.”
“Combine Facts On File’s outstanding print and database content with FMG’s extensive video content, and what emerges is a very impressive set of resources for schools and libraries,” McDonnell continued. “We are particularly excited about the synergies that exist between our existing online reference products and FMG’s video content. We see this as the natural progression of our expanding publishing program.”
About Infobase
With some imprints dating back to 1941, Infobase is a leading publisher. It provides curriculum-based print and online reference materials for schools and libraries. In 2003, Infobase acquired Ferguson Publishing, a career reference publisher. In 2005, it acquired Chelsea House. Chelsea House was a 30-year-old publisher of curriculum-based nonfiction books. Its books served the school and library market.
