Equity 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 sum. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2023-07-26 04:00:00 UTC ]
News tagged with: #$1 billion #record price #audiobook publisher #audiobook

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Equity 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 sum. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-26 04:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook #audiobook publisher #record price #$1 billion


Simon and Schuster is Being Sold to a Private Equity Firm for $1.6 Billion

The 99-year-old publishing company is being sold to private equity firm KKR for $1.62 billion. The original sale to PRH was for $2.2 billion. Continue reading at Book Riot

[ Book Riot | 2023-08-08 13:23:36 UTC ]
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Paramount Global sells Simon & Schuster to private equity firm KKR. Here’s what to know

The sale comes after Paramount failed to sell the book publishing giant to Penguin Random House. Iconic American publishing company Simon & Schuster has a new owner. On Monday, the publisher was acquired by private equity firm KKR in a $1.62 billion deal. Here’s what you need to know.Read... Continue reading at Fast Company

[ Fast Company | 2023-08-08 08:50:00 UTC ]
More news stories like this | News stories tagged with: #book publishing #american publishing


Simon & Schuster purchased by private equity firm KKR for $1.62 billion

Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink the book market Continue reading at ABC News

[ ABC News | 2023-08-08 02:22:18 UTC ]
More news stories like this | News stories tagged with: #publisher penguin #book market #simon schuster


Paramount Agrees to Sell Simon & Schuster to KKR, a Private Equity Firm

The deal, for $1.62 billion, will put control of a cultural touchstone in the hands of a financial buyer. Continue reading at The New York Times

[ The New York Times | 2023-08-07 23:51:30 UTC ]
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Report: Private equity firm eyes Tech Data for potential $5 billion acquisition

Private equity firm Apollo Global Management LLC is potentially interested in buying Tampa Bay's largest public company, according to a Tuesday report from Reuters. New York-based Apollo has approached Clearwater-based Tech Data Corp. (NASDAQ: TECD) with an offer to acquire the company for... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2019-10-16 01:08:24 UTC ]
More news stories like this | News stories tagged with: #apollo global management llc #$5 billion


KKR Is in 'No Hurry' to Sell Simon & Schuster

Pete Stavros, co-head of global equity for KKR, said that it will be at least five years before the private equity firm considers selling Simon & Schuster, which it bought last fall. Stavros added that he has many hopes for what S&S can accomplish before he looks for a new home for the... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-02-15 05:00:00 UTC ]
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KKR Agrees To Buy Simon & Schuster for $1.62 Billion

The acquisition of Simon & Schuster by KKR, Jonathan Karp says, is enhanced by KKR's interest in company growth and employee equity. The post KKR Agrees To Buy Simon & Schuster for $1.62 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-07 21:40:44 UTC ]
More news stories like this | News stories tagged with: #jonathan karp #simon schuster


HarperCollins, 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 contenders to buy the publisher this time around. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-15 04:00:00 UTC ]
More news stories like this | News stories tagged with: #harpercollins #penguin random house #simon schuster


Paramount pulls offer to sell Simon & Schuster to Penguin Random House

After a judge blocked the sale of Simon & Schuster to Penguin Random House, S&S parent company Paramount pulls its sale offer and declines to appeal. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-11-21 22:50:02 UTC ]
More news stories like this | News stories tagged with: #simon schuster #judge blocked


Nielsen Sold to Private Equity Firms for $16 Billion

A consortium of private equity firms is buying video and TV ratings firm Nielsen in an all-cash $16 billion deal. The group is led by Evergreen Coast Capital Corp. and Brookfield Business Partners. Nielsen's board of directors voted unanimously to support the acquisition proposal after rejecting... Continue reading at AdWeek

[ AdWeek | 2022-03-29 13:52:12 UTC ]
More news stories like this | News stories tagged with: #nielsen #acquisition offer #$16 billion


Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion

Penguin Random House parent company Bertelsmann will acquire Simon & Schuster. If the sale is approved by regulators, the Big Five will become the the Big Four. The post Germany’s Bertelsmann To Buy Simon & Schuster for US$2.175 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-25 15:02:49 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #penguin random house #post germany


Arlington’s Storyblocks selling to Boston private equity firm

Arlington’s Storyblocks has struck a deal to sell to private equity firm Great Hill Partners, more than a decade after the digital content company’s launch as a stock video platform. The parties did not disclose a purchase price in their announcement Thursday, and a Storyblocks spokesperson... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-06-25 17:32:16 UTC ]
More news stories like this | News stories tagged with: #digital content #comprising music #purchase price #storyblocks access


ViacomCBS looking to sell book publisher Simon & Schuster

ViacomCBS, fresh off a recent merger, is looking to sell its Simon & Schuster book publishing business Continue reading at ABC News

[ ABC News | 2020-03-04 18:09:45 UTC ]
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Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster

Following the reunification of Viacom and CBS, Simon & Schuster's chief Carolyn Reidy tells the staff that its parent company will explore seelling The post Reidy to Staff: ViacomCBS Is Looking to Sell Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-04 17:27:00 UTC ]
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ViacomCBS to sell Simon & Schuster

ViacomCBS is planning to sell Simon & Schuster, it was announced today (4th March).  Continue reading at The Bookseller

[ The Bookseller | 2020-03-03 20:59:41 UTC ]
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Reports Say B&N Close to Selling to Private Equity Firm

According to a report in the 'Wall Street Journal,' the private equity firm Elliott Management, which bought U.K. bookstore chain Waterstones in April 2018, is close to acquiring Barnes & Noble. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-06 04:00:00 UTC ]
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Bob Woodward's 'Fear' is the fastest-selling book in Simon & Schuster's history

Bob Woodward's "Fear: Trump in the White House" has sold more than 1.1 million copies in its first week of release, making it the fastest-selling book in the history of its publisher, Simon & Schuster. The publisher has ordered a 10th printing of the book, which as of Wednesday morning was... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-09-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wednesday morning #white house #simon schuster #bob woodward #fastest-selling book


Equity Firm Buys RBmedia

RBmedia, one of the largest independent publishers and distributors of audiobooks, has been acquired by yet another private equity firm. Monday morning KKR and announced it bought the company from Shamrock Capital. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-16 00:00:00 UTC ]
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