Launched in November, London/New York book rights outfit International Literary Properties has acquired 12 literary estates from the UK’s Peters, Fraser + Dunlop. The eight figure deal sees ILP acq…
, ILP’s New York-headquartered business is led by Scott Hoffman as Group CEO and Ted Green as Executive Chairman. Peters, Fraser + Dunlop will continue to act as literary agent for the twelve estates.
Strong and Benton have principal responsibility for the UK and Europe, focusing on properties with television, theater and film potential alongside CFO Andrew Minkow and Polly Benton, who will head up Business Development. Strong says, “The acquisition of Peters, Fraser + Dunlop’s interests in these estates is a very important step for us in building the business… This major acquisition plays to the team’s experience and strengths and I am truly excited by the opportunity to nurture these twelve wonderful estates and to find new and exciting ways of telling the great stories that lie within them.”
Hoffman adds,“When we launched ILP, it was our vision to build a portfolio of some of the world’s most important and iconic literary works with an eye toward preserving their creators’ legacies and ensuring they would bring enjoyment to readers for decades to come. This acquisition is a major step toward that goal.”Read More About:
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