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Michael Lynton, David Steinberger Buy Arcadia Publishing

publishersweekly.com – Wednesday May 2, 2018

Two former book publishing CEOs have teamed up for a series of acquisitions in the book field. The first of those purchases has just closed—Lezen Acquisition LLC has purchased Arcadia Publishing, the Charleston, S.C.-based publisher that specializes in doing books on local history.

Lezen was formed by Michael Lynton and his sister Lili. Prior to serving as CEO of Sony Entertainment, Lynton had been CEO of Penguin. He will serve as non-executive chairman of Arcadia.

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