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The Folio Society transformed from a struggling publisher into a profitable, employee-owned company by diversifying authors, expanding to the U.S., and embracing digital sales, attracting a younger, more diverse audience.
The Folio Society, once facing financial trouble and a shrinking, older male readership, reinvented itself under CEO Joanna Reynolds by diversifying its author roster to include modern, acclaimed writers like Haruki Murakami, Octavia Butler, and Gabrielle Zevin, while expanding into the U.S. market, which now drives over half its sales.
Shifting to direct-to-consumer online sales and embracing digital marketing, the company became profitable in 2018, attracted a younger, more diverse audience, and operates as an employee-owned trust.
Known for high-quality, limited-edition books with original art and premium materials, it appeals to readers seeking tactile, collectible physical books, with select titles selling out quickly.
La Sociedad Folio se transformó de una editorial en apuros en una empresa rentable, propiedad de los empleados mediante la diversificación de autores, la expansión a los EE.UU., y la adopción de ventas digitales, atrayendo a un público más joven y diverso.