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PW: Hobson Named To Head Parachute

-- Publishers Weekly, 5/4/1998

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Hobson Named To Head Parachute
-- 5/4/98


Michael Z. Hobson, formerly executive v-p of publishing at Byron Preiss Multimedia, has been named president of Parachute Properties.

Hobson will direct domestic and international operations of Parachute Properties, which oversees the books, TV programs and merchandising efforts involving the bestselling Goosebumps and Fear Street series written by R.L. Stine. Parachute Properties, which includes three divisions-Parachute Publishing, Parachute Entertainment and Parachute Consumer products-reported $37 million in revenues in 1997.

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