NetGalley bought by Media Do International

NetGalley and its owner Quality Solutions/Firebrand Technologies have been sold to Media Do International.

The buyer, a US-based subsidiary of Japanese e-book distributors Media Do Ltd, said it had acquired all shares in the company. Fran Toolan, founder and c.e.o. of the companies, will remain in post for a minimum of three years.

Toolan said: “Media Do has been NetGalley’s partner in Japan since 2016, and we know each other quite well. Firebrand and NetGalley have never been stronger as companies, and I believe that becoming part of the Media Do Group ensures continuity for our customers and opportunities for our team for many years to come.”

Media Do International c.e.o. Daihei Shiohama added: “We are very pleased to bring Firebrand and NetGalley into the Media Do family. We have long respected the works of the Firebrand Group, and are very excited about the prospects of working closely with them in the future.”

Media Do claims to be one of the largest e-book distribution companies in the world and retains the largest share of Japan's $3.7bn e-book market.