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Audiobook publisher RBmedia will acquire Dreamscape Media, including Dreamscape Publishing and Dreamscape Select, which will publish new and existing titles.
Dreamscape Publishing acquires, produces and distributes audiobooks in more than 60 countries, while Dreamscape Select offers audiobook support services to self-published authors. Dreamscape Media was founded in 2010 and publishes a catalog of more than 7,000 audiobooks, with nearly 1,000 new titles released each year, across mystery/thriller, romance and children’s audiobooks.
Earlier this year, Dreamscape announced exclusive deals for the audio rights to 13 of John le Carré’s books and five titles from 2023 Nobel Prize laureate Jon Fosse. The publisher’s bestselling authors include Jeneva Rose and Lisa Jewell, who has 15 titles with the company and has sold nearly two million audiobooks.
Michael Paull, c.e.o. of RBmedia, said: “The acquisition of Dreamscape will give RBmedia additional depth in key genres and enable us to serve a broader set of authors and publishers. As one of RBmedia’s core audio publishing groups going forward, Dreamscape will allow us to provide more high-quality titles to our distribution partners and listeners worldwide."
Sean McManus, president of Dreamscape Media, added: “We are excited about the potential of bringing together RBmedia’s significant capital and capabilities with Dreamscape’s award-winning catalog and ongoing publishing.”
The transaction is expected to close in the third quarter of 2024, and the terms of the agreement have not been disclosed.