The company was founded in 1901 by Albin Michel, grandfather of current president and publisher Francis Esménard. Albin Michel is one of France’s foremost literary and educational publishers, and has been honoured by the country’s highest literary awards. Its imprints include Les editions Albin Michel, the educational group Magnard-Vuibert (with Delagrave, Casteilla and Librairie des écoles), and De Vecchi. Albin Michel holds a 40% share of Le Livre de Poche, while Hachette holds 60%.
Albin Michel’s authors include Amélie Nothomb, Yasmina Reza, Eric-Emmanuel Schmitt, Katherine Pancol and Valerie Martin, and the American authors Mary Higgins Clark, Stephen King, and Thomas Harris.
Albin Michel releases more than 500 new titles per year, and maintains a backlist of more than 6,000. The total number of employees is 488.
Key Company Developments in 2012
As a privately held company, Albin Michel has presented flat annual revenues over the past 5 years. Net profits were 14.1 million EUR in 2012 (up from 10 million EUR in 2011).
Ownership, Mergers & Acquisition, Internal Organization:
In September 2011, Albin Michel, together with Flammarion and Gallimard, decided to drop charges against Google for their library digitization project.
Bestselling Authors & Titles:
Key Points for Analysis & Conclusions: