AMS bankruptcy hits Australian publishers

Tuesday, 9 January 2007 Books+Publishing

US-based Advanced Marketing Services declared Chapter 11 bankruptcy on 30 December, owing publishers worldwide over US$100 million (A$124 million). AMS owns a number of book-related companies around the world, including Australian book distributor Bookwise and US distributor Publishers Group West (PGW). AMS is also the dominant book supplier to US...