Restructured Nazarene Publishing House to continue in business |
Written by Christine D. Johnson |
Wednesday, 03 December 2014 04:34 PM America/New_York |
Century-old denominational publisher finds a way to sustain its ministry despite serious financial crisis Nazarene Publishing House (NPH) is not closing its doors, but is undergoing a company restructure. All imprints of WordAction Curriculum and Beacon Hill Books have continued business uninterrupted. Based on NPH’s current financial situation, Interim CEO Mark Brown said the business model would change Dec. 2. “However, NPH management is developing a new strategic plan, and we look forward to continuing to meet the literature needs of the Church of the Nazarene and our Wesleyan partners,” Brown said. The board of directors approved the new plan for NPH to go forward. “The Nazarene Publishing House is open for business,” Brown said. “We are grateful for the outpouring of support we have received from our customers during these recent challenges. God is helping us imagine a new future, and we gladly anticipate serving you.” At nph.com, the board clarified previous reports of the demise of the house. “It’s true that Nazarene Publishing House found itself in an unprecedented financial crisis in the final quarter (October, November and December) of 2014. Closure was imminent, and leadership made the difficult decision to cease business operations under the current model, including dismissal of all employees as of Dec. 1. “Following such an announcement, the outpouring of concern for the ongoing literature ministry of the Church of the Nazarene made it apparent that something had to be done to save NPH.” Under the leadership of a new board, NPH management then developed a plan to restructure. However, management did decide to seek a buyer for church music imprint Lillenas Publishing. Beacon Hill Press also is refocusing on “the New Beacon Bible Commentary, textbooks and pastoral titles,” according to the site. |