Publishers still owed millions from Borders

borders logoMore than two years out, there’s still no indication of how much unsecured creditors might get on the dollar—or when the Borders bankruptcy will officially end.

Top 20 Largest Unsecured Publishing Creditors & Amount of Claim

  1. Penguin Putnam $41,118,914
  2. Hachette Book Group $36,879,656
  3. Simon & Schuster $33,757,445
  4. Random House $33,461,062
  5. HarperCollins $25,793,451
  6. Macmillan/MPS $11,434,306
  7. John Wiley & Sons $11,191,435
  8. Perseus Distribution Services $7,776,292
  9. Source Interlink Companies $6,879,906
  10. F&W Media $4,546,275
  11. Houghton Mifflin Harcourt $4,400,756
  12. Workman Publishing $4,003,126
  13. Diamond Comic Distributors $3,906,550
  14. McGraw-Hill $3,093,871
  15. Pearson Education $2,784,766
  16. Rosetta Stone $2,226,553
  17. National Book Network $1,956,713
  18. W.W. Norton & Company $1,940,826
  19. Zondervan $1,886,752
  20. Hay House $1,886,752

Read the full article @ PublishersWeekly.com.

Published by

Michael Sauers

Michael Sauers is currently the Technology Innovation Librarian for the Nebraska Library Commission in Lincoln, Nebraska and has been training librarians in technology for more than 15 years. He has also been a public library trustee, a bookstore manager for a library friends group, a reference librarian, serials cataloger, technology consultant, and bookseller. He earned his MLS in 1995 from the University at Albany’s School of Information Science and Policy. Michael’s twelfth book, Google Search Secrets (w/ Christa Burns) was published October 2013 and has two more books on the way. He has also written dozens of articles for various journals and magazines. In his spare time he blogs at travelinlibrarian.info, runs Web sites for authors and historical societies, takes many, many photos, and reads more than 100 books a year.

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