The New Living Translation
Who Owns Christian Publishing Houses?

Blogger Polycarp of the blog The Church of Jesus Christ recently wrote a blog post entitled “We support Christian Publishing Houses, but Whom do They Support?” He takes an interesting look at the major Christian publishing companies and how they’re financed, especially putting time into the Tyndale Foundation, which owns Tyndale.

He concludes: “Frankly, I feel pretty good about buying and recommending bibles from Tyndale, knowing some of my money is actually going to helping others – not as a gimmick or a campaign, but as part of the daily routine.” (Click here to read the rest of his post)

Does it matter to you who profits (or doesn’t profit, in the case of not-for-profit publishers) from the books you buy?

4 Responses to “Who Owns Christian Publishing Houses?”
Chuck
5th October, 2009 at 11:17 am

I'd read the information on the NLT and am happy to know royalties and dividends support Christian work. I hate to think how other profit dollars are looted to enrich Rupert Murdoch!

J. L. Watts
5th October, 2009 at 2:15 pm

I believe it very much does, especially to those of us who recommend products with whatever extent our personal endorsement carries weight.

I would not want to be in the predicament of recommending someone something only to find out that there profits go to support something that I cannot believe in.

sclough
6th October, 2009 at 3:40 pm

I think it is important where the profits from Christian books go. I think one of the things we refuse to consider is that Christian books (including Bibles) are big business and, in many cases, produces are driven by marketing as much as true spiritual value. It's terrible, but true…

studiosmith
26th October, 2009 at 5:33 pm

I share my perspective on this matter as a full time employee in the event anyone finds it interesting.

This structure is an intriguing prospect to current and prospective employees in a couple of ways. First, the work God does through our for-profit efforts directly prospers beyond our four walls and in very powerful ways. On days it feels nothing goes right, and in instances where God's work is readily apparent, this fact proves encouraging. Simply put, this motivates us. Second, it is amazing to work at a place where the executive team and board shares my desire for kingdom work, and makes this a business priority.

Our founder, Ken Taylor, always said that Tyndale is God's company, not his own. Our current structure is a direct reflection of his heart to run it that way. His desire to share with and prosper other ministries could have been completed by giving it all away. Truth be told, this was almost a reality and perhaps the last chapter in the Tyndale's story. But with sound financial counsel (which continues today) Tyndale's been blessed with several more decades of giving back that has resulted in hundreds of millions of dollars of grants to Christian work in all parts of the world. I'm grateful that in an economy of greed where trusted, honest leaders are few and far between, we serve in a company that is intentional in word and deed.

Public discussions about Tyndale's business structure hardly if ever come up outside our company, mainly because Tyndale is not motivated to publicise this, rather, they are motivated by being sound stewards of the resources they've been entrusted with. Understand that what I've shared here is my unique view and in no way am I a company spokesman on this matter. But since this blog post is a rare exception where it is being discussed publicly, I thought I would throw my perspective into the mix.

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