The Palestine Economic Corporation announced today it had established two United States-Israel publishing firms, the Massadah-PEC Press Ltd., and the Poli-PEC Printing Works, Ltd., both in Tel Aviv.
Joseph Meyerhoff, PEC president, said the Massadah-PEC firm will publish in English and other languages books written and edited in Israel for international markets. Books in preparation include 19 titles in archaeology, art, Judaism, picture books and dictionaries. The corporation had invested about $300,000 in partnership with the two Israeli firms to set up the two new firms with which PEC will have a 50-50 ownership relation.
The announcement said McGraw-Hill Book Co. had signed a contract for rights to the American edition of “Jewish Art – An Illustrated History” – and that Holt, Rinchart & Winston, Inc., had signed a similar contract for the rights to Prime Minister David Ben-Gurion’s new book on “Israel – Before And After the Sinai Campaign,” which will be published simultaneously in English, French and German. Other foreign rights for these and other titles have been acquired by publishers in Britain, France, West Germany and Brazil.
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