Monday, November 19, 2007
REED PUBLISHING (NZ) LTD
With the imminent demise of this company the rumour mill has been working overtime with the latest saying that as of today Reed Publishing (NZ) is Raupo Publishing (NZ) – the colophon stays, but after 75 years, thanks to Reed-Elsevier’s international lawyers, the name Reed won’t be part of readers’ lives. I believe this information is correct as I have now heard this from several connected sources.
I am aghast, appalled and saddened at this development and can't believe that when the name Reed has been used in New Zealand for 100 years (long before Reed Elsevier ever existed!) that the lawyers have ruled this way. Damn and blast their eyes, and other assorted oaths!
What a bloody shame.
And I'll wager only handful of Reed staff will be joining the penguins on their corporate ice floe.
The Reed website’s been down all day but as soon as some one (read Penguin Books NZ I guess) tells me something official I will report back.