by Jim Milliot and Clare Swanson —
This article was originally posted on Publishers Weekly.
“The 12 independent publishers that made PW’s fast-growing list for 2014 took a variety of routes to keep sales growing over the last three years. Some embraced new business models, such as direct-to-consumer sales and subscription services, while others used more tried-and-true methods, such as acquisitions and widening their distribution network to spur growth.
The fastest-growing publisher on PW’s list this year is Callisto Media, which was cofounded in 2011 by Benjamin Wayne, president and CEO, and Matt Oesterle, v-p of product, and had its first full year of operation in 2012. Comparing 2014 to 2012, revenue soared 833%, and the number of employees rose from six to 24 last year. The number of “title completions,” after jumping from 17 in 2012 to 90 in 2013, declined to 56 last year; according to Karen Hartwig, v-p, commercialization, this was because Callisto focused on long-format titles last year, after doing a mix of long-form and short-form titles in 2013…”
You can read the full article at Publishers Weekly