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The Literary Guild : ウィキペディア英語版
Book of the Month Club

The Book of the Month Club (founded 1926〔Radway, Janice A. ''A Feeling for Books The Book-of-the-Month Club, Literary Taste, and Middle-Class Desire''. Chapel Hill: University of North Carolina Press, 1997.〕) is a United States subscription eCommerce book club that offers a limited number of new books each month to members. Books are selected and endorsed by a panel of (judges ), similar to how the club originally operated when it began in 1926, and members can also discuss the books with fellow members in an online (discussion forum ).
The Book of the Month Club is part of a larger company called Bookspan that runs many book clubs in the United States and Canada. It was formerly the flagship club of Book-of-the-Month Club, Inc. In 2000, that company merged with Doubleday Direct, Inc. The resulting company, Bookspan, was a joint venture between Time Warner and Bertelsmann until 2007 when Bertelsmann took over complete ownership. Approximately six weeks after it acquired complete ownership of Bookspan, Bertelsmann initiated a major overhaul of the book club business, a process that eliminated 280 positions, or about 15% of its workforce of 1900. Many of the specialty book clubs, such as the conservative book club American Compass, were eliminated.
In 2008, Bookspan (along with DVD club Columbia House) was sold to the private equity firm Najafi Companies.〔(【引用サイトリンク】title=German media giant Bertelsmann sells US book clubs )〕 In December 2012, Bookspan was sold to (Pride Tree Holdings, Inc ).
== Membership terms ==
The club operates a subscription program, similar to other box subscription services, where customers select a membership plan for a set period of time (1 month, 3 months or 12 months) and receive at least one book in the mail each month. Books are shipped to all members on the same day.〔(【引用サイトリンク】title=How It Works )
Historically, when the club operated through mail-order catalogs, membership involved a "negative response" system whereby a member was shipped the monthly selection on a particular date if the selection was not declined before that date. Members had the option to respond by declining the selection or opting to order another book or merchandise instead. No response was deemed acceptance of the selection.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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