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RBmedia Acquires McGraw Hill Professional Audiobook Publishing Business
Wednesday, May 19, 2021

RBmedia to also publish new McGraw Hill business audiobook titles as part of an exclusive, long-term agreement

LANDOVER, Md., May 11, 2021 /PRNewswire-PRWeb/ -- RBmedia, the largest audiobook producer in the world, today announced the acquisition of McGraw Hill Professional's audiobook publishing business, which includes its catalog of previously published titles, as well as a multi-year agreement to become the exclusive audio publisher for all of McGraw Hill Professional's new titles.

"We are excited to participate more fully in the rapidly expanding audiobook category by partnering with RBmedia," said Scott Grillo, President of McGraw Hill Professional. "Leveraging RBmedia's unique abilities in spoken audio will help us reach business and trade professionals and all those striving to advance their education or careers. RBmedia creates exceptional audio productions that serve our authors well and will help them monetize audio rights at a high level. Our publishing program will be stronger because of this unique collaboration."

McGraw Hill Professional's catalog of hundreds of business, lifestyle, technical and professional titles includes international bestsellers and classic business titles, such as "Crucial Conversations" by Kerry Patterson, Joseph Grenny, Ron McMillan, and Al Switzler; and "SPIN Selling" by Neil Rackham. New McGraw Hill Professional titles for which RBmedia will publish audiobooks include:

    --  An updated version of "The Toyota Way" by Jeffrey Liker, one of the most
        impactful business guides published in the 21st century
    --  "The Promise of Bitcoin: The Future of Money and How It Can Work for
        You" by Bobby Lee, which presents a compelling argument for how digital
        currency will transform the global economy

"McGraw Hill is a name that is synonymous with top-quality business content," said Troy Juliar, Chief Content Officer for RBmedia. "Acquiring their audiobook publishing business and partnering with them on audio editions for their new titles is an incredible opportunity for us. It adds to our existing strength in business audio and establishes RBmedia as a valued partner for publishers and authors in this important category. We look forward to growing the audio audience for McGraw Hill Professional's content and its talented authors."

McGraw Hill Professional audiobooks released by RBmedia will be available for download on Audible, iTunes, Google Play, Audiobooks.com, and wherever RBmedia digital audiobooks are sold.

###

About RBmedia
RBmedia is the largest audiobook producer in the world. With more than 50,000 exclusive titles, our audiobooks continually dominate key literary awards and bestseller lists. The company's powerful digital retail and library distribution network reaches millions of listeners around the globe--at home, in the car, and everywhere their mobile devices go. Our titles are available on leading audio platforms, including Audible, iTunes, Google Play, Audiobooks.com, OverDrive, Hoopla, and many more. RBmedia is owned by KKR, a leading global investment firm. Find out more at rbmediaglobal.com.

McGraw Hill
McGraw Hill is a learning science company that delivers personalized learning experiences that drive results for students, parents, educators and professionals. We focus on educational equity, affordability and learning success to help learners build better lives. Headquartered in New York City, McGraw Hill has offices across North America, Asia, Australia, Europe, the Middle East and South America, and makes its learning solutions for PreK-12, higher education, professionals and others available in more than 80 languages. Visit us at mheducation.com or find us on Facebook, Instagram, LinkedIn or Twitter.

Contacts:
Becky Wyatt
RBmedia
800-305-3450
rwyatt@recordedbooks.com

Tyler Reed
McGraw Hill
(914) 512-4853
tyler.reed@mheducation.com

SOURCE RBmedia



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