Is the Sale of Simon & Schuster Heating Up?
Paramount executives have made no secret of their intention to sell Simon & Schuster following the failed sale to Penguin Random House. A new story published by Reuters confirms that Paramount is...
View ArticleRegnery Publishing Buys ISI Books
As part of its effort to deepen its backlist, the Washington, D.C.–based conservative publisher has acquired the ISI Books imprint from the Intercollegiate Studies Institute, a conservative higher...
View ArticleSmall Press Distribution Launches GoFundMe to Support New Operating Model
One of the few remaining distributors specializing in distributing independent publishers has launched a GoFundMe campaign to help underwrite a plan to close a warehouse, partner with other...
View ArticleCJK Group, BR Printers Acquire Two Other Printers
The steady pace of acquisitions in the printing world continued this week with the announcements of CJK Group's purchase of McNaughton & Gunn and BR Printers' acquisition of JP Graphics.
View ArticlePRH Among New Investors in Rebel Girls
Rebel Girls, the media company whose mission is to instill confidence in girls, raised $8 million in a new funding round, with Penguin Random House its lead investor.
View ArticleNew Leaf Publishing Gets New Owners
New Leaf Publishing Group, a Green Forest, Ark .-based Christian publisher of homeschool curriculum as well as print, digital, audio books for the trade, has been acquired by a group of investors.
View ArticleArcadia Publishing Acquires Applewood Books
Arcadia Publishing continues to build on its presence in the local nonfiction and regional history market with the purchase of Applewood Books, the Carlisle, Mass.–based publisher with a backlist of...
View ArticleSPD Looks to Overhaul Operating Model via GoFundMe
Small Press Distribution executive director Kent Watson said that crowdfunding an overhaul of the nonprofit literary distributor's operating model is the best way to improve services for the roughly...
View ArticleUlysses Press Buys VeloPress
Ulysses Press has acquired VeloPress in a deal that will bring about 80 books in the health and fitness category to the indie press. Ulysses plans to continue to add books under the Velo imprint with a...
View ArticleAuthor Chuck Forester Donates $250K to Lambda Literary
Lambda executive director Samiya Bashir called Forester's gift "transformational," which will allow Lambda Literary to usher in a new phase of expansion.
View ArticleBarnes & Noble Revamps Loyalty Program with Premium Membership
The bookseller announced new benefits and discount perks in an effort to "revitalize" its membership ranks and unveiled an alternative free B&N Rewards loyalty program.
View ArticleNew Leaf Literary & Media Faces Backlash After Dropping Authors
After New Leaf "amicably" parting ways with literary agent Jordan Hamessley on May 12, authors affected by the agent's departure took to Twitter to express concern over how the transition was handled...
View ArticleWME Acquires Ross Yoon Agency
By acquiring the Washington, D.C.–based literary agency, WME signals a deepening focus on literary talent and specifically nonfiction, as well as a physical expansion into the D.C. area.
View ArticleAuthors Guild Issues Contract Clause Changes to Account for AI
As part of its campaign to protect its members from the rise of large language models and other artificial intelligence tools, the Authors Guild has released four new model contract clauses concerning...
View ArticleVivendi’s Purchase of Lagardère Heads to Completion
The French media company has received approval to acquire Lagardère following Vivendi's agreement to sell its existing book publisher, Editis. Lagardère is the parent company of Hachette Livre, whose...
View ArticleHarperCollins, KKR Said to Be Eyeing Simon & Schuster
In a bit of déjà vu, HarperCollins and the private equity firm KRR, which both lost out to Penguin Random House when Simon & Schuster was initially put up for sale, are reported among the leading...
View ArticleBlack Lawrence Press Acquires Nomadic Press Adult Titles
The upstate New York literary press has taken over publication of more than 100 Nomadic books in a deal that closed earlier this month.
View ArticleWorld Editions Gets a New Owner: Its Former U.S. Director
Christine Swedowsky has acquired the publisher from Libella Publishing Group in a management buyout. The World Editions offices in Amsterdam and London will close, and the publisher will be based...
View ArticleTurner Publishing Buys Three Imprints from Mango Publishing
In a deal completed on June 30, Turner acquired the Conari Press, Bonhomie Press, and Woo! Jr. imprints—and with them a total of 589 titles—from Mango.
View ArticleEquity Firm Eyeing Simon & Schuster to Sell RBmedia for $1 Billion
In what is likely a record price for an audiobook publisher, KKR, the private equity firm that owns RBmedia—and a rumored contender to buy S&S—is selling the company for an alleged $1 billion.
View ArticleDeal for Simon & Schuster Said to Be Near
The private investment firm KKR, HarperCollins, and Richard Hurowitz of the investment firm Octavian & Company are all said to still be in contention to acquire the country's third largest trade...
View ArticleKKR Wins S&S for $1.62 Billion
The private investment firm KKR has agreed to buy Simon & Schuster for $1.62 billion. When the purchase closes, S&S will operate under current leaders Jonathan Karp and Dennis Eulau and KKR...
View ArticleS&S Posts Solid Second Quarter
Led by another good performance by its audiobooks division and what CEO Jon Karp called "fantastic" results in the U.K., operating income rose 14% at Simon & Schuster in the second quarter ended...
View Article‘Frozen’ Podcast Marks Disney’s Foray into Audio-First Storytelling
The 12-episode first season of the podcast 'Disney "Frozen" Podcast: Forces of Nature' drops in October, and will feature four new characters. A book based on the podcast is planned for fall.
View ArticleCJK Group Adds Worzalla to Its Printer Portfolio
Worzalla, one of a shrinking number of independent printers in the U.S., has been acquired by CJK Group. The purchase marks CJK's third acquisition of a printer this year.
View ArticleWith a Twist, Sale of RBmedia Completed
The private equity firm KKR has completed its sale of audiobook publisher RBmedia to investment firm H.I.G. Capital and private equity firm Francisco Partners.
View ArticleAbrams, RBmedia Ink Audio Deal
Abrams has signed an exclusive multi-year agreement with RBmedia, giving the independent audio publisher rights to hundreds of Abrams' fiction and nonfiction titles. The first audiobooks under the deal...
View ArticleHardie Grant Sells U.K. Division to PRH UK
Penguin Random House UK has acquired Australia-based publisher Hardie Grant Publishing’s U.K. publishing business, which is comprised of Hardie Grant UK and Quadrille. The sale will have no direct...
View ArticleCapen Publishing Buys Six Imprints from Southwestern Family of Companies
Capen Publishing Company has acquired the Favorite Recipes Press, Quail Ridge Press, Beckon Books, Blue Sneaker Press, Greenwich Publishing, and Historic Hospitality Books imprints from Southwestern...
View ArticleNorton Signs Distribution Deals with Harvard, Yale
W. W. Norton will take over distribution for both Yale University Press and Harvard University Press next fall, when it will begin selling titles set to be released in January 2025.
View ArticleKKR Completes Purchase of Simon & Schuster
The private equity firm, whose other holdings include OverDrive, has finalized its $1.62 billion purchase of S&S, the country's third largest trade book publisher.
View ArticleRed Wheel/Weiser Agrees to Acquire Quest Books
Red Wheel/Weiser has agreed to acquire Quest Books, an imprint of the Theosophical Publishing House, the publishing arm of the Theosophical Society in America.
View ArticleMarcus Leaver Returns to Publishing with Gemini Books Group
The former Sterling Publishing, Quarto Publishing, and Welbeck Publishing Group head has formed Gemini Books Group, which will focus on publishing nonfiction gift books and children’s books in both the...
View ArticleThe Taunton Press Sold to Active Interest Media
The Taunton Press, publisher of magazines, books, and a range of digital products in the woodworking, home building and renovation, building science, gardening, and sewing categories, has been acquired...
View ArticlePenguin Random House Acquires Hay House
Penguin Random House has acquired the self-help and health and wellness publisher, which puts out roughly 100 books a year and boasts a 1,500-title backlist. CEO Reid Tracy will continue to lead the...
View ArticleChina Literature Buys Tencent Animation and Comics
Pursuing its strategy of seeking to further leverage IP, China Literature, China's dominant online publishing and e-book company, has bought Tencent Animation and Comics for 600 million yuan (US$83.6...
View ArticleLerner Acquires Gecko Press
Lerner Publishing Group has acquired Wellington, New Zealand–based children’s book publisher Gecko Press. The acquisition involves approximately 200 titles, including 18 to 20 new titles planned for...
View ArticleSkyhorse Is Buying Regnery Publishing
After a deal to sell Regnery Publishing appeared to be dead in November, Salem Media Group has signed an agreement sell the conservative publisher to Skyhorse Publishing.
View ArticleAdventureKEEN Acquires Shelter Publications
The 50-year-old publisher of books on DIY homebuilding and personal fitness will become AdventureKEEN's seventh imprint, and founding publisher Lloyd Kahn will continue to oversee the list.
View ArticleThe Ekus Group Joins Jean V. Naggar Literary Agency
Jean V. Naggar Literary Agency has acquired cookbook-focused literary agency the Ekus Group, which will operate as a boutique culinary division. Owner Sally Ekus will head up representation of cookbook...
View ArticleElton John Says ‘Farewell Yellow Brick Road’ on the Page
Elton John will publish ‘Farewell Yellow Brick Road: Memories of My Life on Tour,’ with Disney Publishing Worldwide imprint Hyperion Avenue, on September 24.
View ArticleRBmedia Acquires Berrett-Koehler's Audiobook Publishing Business
Audiobook publisher RBmedia has acquired Berrett-Koehler’s audiobook publishing business, including its backlist, and will publish audiobook editions of new Berrett-Koehler titles under its business...
View ArticleWonderwell Closes Publishing Operations, Partners with Greenleaf on New Imprint
Hybrid publisher Wonderwell has shut down its publishing operations, and on February 1 will launch a new imprint, Wonderwell Press, as part of the Greenleaf Book Group.
View ArticleArcadia Publishing Acquires Belt Publishing
Arcadia's purchase of the Cleveland-based Belt gives the publisher of books about local history and interest a larger footprint in the Midwest. Belt founder Anne Trubek will continue to head the...
View ArticleScholastic in $186 Million Deal with 9 Story
Scholastic has acquired 100% of the economic interest in 9 Story Media Group, a Toronto-based creator, producer, and distributor of children’s content.
View ArticlePEN Union Cries Foul in Contract Talks as Criticism of PEN America Intensifies
A proposal in ongoing contract negotiations between PEN America management and PEN America United, its staff union, has led to charges by the union that the organization’s leadership is trying to...
View ArticleIndigo Agrees to Buyout Offer
Indigo Books & Music, Canada's troubled largest bookseller, has agreed to accept an offer of C$2.50 per share from two investment firms that will take the company private should the transaction be...
View ArticlePWxyz, Lantia End Relationship
The parent company of 'Publishers Weekly' and the Seville, Spain–based publishing company have ended their business arrangement. With the end of the agreement, Lantia will no longer publish the...
View ArticleRizzoli International to Acquire Chelsea Green Publishing
The New York City–based subsidiary of Italian publisher the Mondadori Group has agreed to acquire the White River Junction, Vt.–based independent book publisher of titles on politics and sustainability.
View ArticleBarnes & Noble Education Strikes New Financing Agreement
For the second time in less than a year, Barnes & Noble Education has reached a last-minute agreement that provides the company with the liquidity it needs to continue to operate.
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