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Who Owns Deseret Book?

The Deseret Book Company is an American publishing agency headquartered in Salt Lake City, Utah, United States, that moreover operates a collection of bookstores all by way of the western U.S. The agency is a wholly-owned subsidiary of Deseret Management Corporation (DMC), which is the holding agency for enterprise companies owned by the Church of Jesus Christ of Latter-day Saints (LDS Church).

Deseret Book is a for-profit firm that’s registered in Utah. It publishes beneath 4 imprints with media ranging from works explaining LDS-related fiction, digital property, the LDS theology and doctrine, and sound recordings much like The Tabernacle Choir at Temple Square albums.

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Deseret Book was created from a merger of the Deseret News Bookstore and the Deseret Sunday School Union Bookstore in 1919. Both of these Utah bookstores trace their origins to George Q. Cannon, a Latter-day Saint General Authority. “Deseret” is claimed to be a phrase from the Book of Mormon which implies “honeybee.”

Who Owns Deseret Book?

The Deseret Book Company is owned by the Deseret Management Corporation (DMC), a globally working agency that manages for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints (LDS Church).

The agency was established by church president David O. McKay, in 1966, to hold already-existing church property. DMC companies current firms, content material materials, and information by means of a varied portfolio of companies, with practically all of them being media and communications producers.

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