Kirkus Bought by NBA Pacers Owner

Kirkus was bought by shopping mall developer Herb Simon, who also owns the Indiana Pacers basketball team and co-owns independent bookstore Telecote Books in Montecito CA. Terms were not disclosed.

Simon’s business partner Marc Winkelman will become chief executive of the company, now called Kirkus Media. Elaine Szewczyk will remain editor and Eric Liebetrau managing editor, and Winkelman says no immediate changes to the print edition are planned.

Link to New York Times story

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