HarperCollins will acquire the trade division of Houghton Mifflin Harcourt for $349 million.

Only three months after the high-profile merger of Penguin Random House and Simon & Schuster, The New York Times reported earlier this morning that HarperCollins, one of publishing’s “Big Five,” will acquire Houghton Mifflin Harcourt Books and Media—Houghton Mifflin Harcourt’s trade publishing division—for $349 million. Houghton Mifflin Harcourt’s revenue fell over 46 percent in the […] Continue reading at 'Literrary Hub'

[ Literrary Hub | 2021-03-29 14:25:08 UTC ]
News tagged with: #trade division #simon schuster #revenue fell #trade publishing #penguin random house #houghton mifflin harcourt

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U.K. Investment Group Acquires Barnes & Noble for $683 Million

It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018.... Continue reading at AdWeek

[ AdWeek | 2019-06-07 20:03:20 UTC ]
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Rowman & Littlefield Acquires Hal Leonard Trade Titles

Through the deal, Rowman & Littlefield has gained select trade imprints and trade titles from the music publishing company, giving it giving it more than 3,000 books in the performing arts field. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-17 00:00:00 UTC ]
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IPG Acquires MidPoint Trade Books

IPG has aquired Midpoint Trade Books. The 22-year-old distributor of 230 small and indie publishers will have its inventory transferred to IPG’s Chicago warehouse in the first quarter of 2019. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-04 00:00:00 UTC ]
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UK-Based Future Acquires Purch for $132.5 Million

Future plc has reached an agreement to acquire U.S.-based rival Purch's consumer-facing brands, as well as its RAMP ad tech platform, for $132.5 million (£102 million), significantly expanding the London-based technology publisher's already growing North American footprint. Under the terms of... Continue reading at Folio Magazine

[ Folio Magazine | 2018-07-19 00:00:00 UTC ]
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Houghton Mifflin plans to cut hundreds of employees

Houghton Mifflin Harcourt Co., the Boston-based education publisher facing financial headwinds, said it plans to cut as much as 10 percent of its workforce in effort to save money, according to regulatory filing. With a total workforce of 4,500 workers as of the end of last year, the cuts could... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-04-20 00:00:00 UTC ]
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Hour Media Group Acquires Emmis Magazines for $6.5 Million

Personnel changes hit Los Angeles Magazine as new owners lay off publisher, EIC. The post Hour Media Group Acquires Emmis Magazines for $6.5 Million appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-03-01 00:00:00 UTC ]
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Usborne acquires Maggie Harcourt's Theatrical

Usborne has acquired Theatrical by Maggie Harcourt, a novel about a teenager's aspirations to work in theatre behind the scenes, and the real backstage drama that ensues when those dreams are realised. Continue reading at The Bookseller

[ The Bookseller | 2017-02-24 00:00:00 UTC ]
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Trade Division Bright Spot in Bad Year for HMH

Sales in Houghton Mifflin Harcourt's trade division rose 0.7% in 2016 over 2015, but revenue for the entire company fell 3% and its net loss jumped. Company executives promised to cut costs in 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-23 00:00:00 UTC ]
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Fox Chapel Acquires Lumina Books Division

The nonfiction publisher has acquired Lumina Media's book division and will launch a new imprint, CompanionHouse Press, to market the new line of books and products. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-02 00:00:00 UTC ]
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International Notes: HarperCollins’ Word of Prayer With Alexa; Registration for Spring Trade Shows

London and New York's trade shows have opened registration. And in Christian publishing, a Big Five player teams up with Amazon. The post International Notes: HarperCollins’ Word of Prayer With Alexa; Registration for Spring Trade Shows appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-12-13 00:00:00 UTC ]
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HarperCollins acquires new Paddington Bear novel

HarperCollins Children’s Books will next year publish a further new Paddington Bear story by Michael Bond. Continue reading at The Bookseller

[ The Bookseller | 2016-10-26 00:00:00 UTC ]
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Bonnier Publishing Plans $100 Million U.S. Book Division

Bonnier Publishing, the English-language book publishing division of Sweden’s Bonnier Group, has formed Bonnier Publishing USA. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-09 00:00:00 UTC ]
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UK’s Quarto USA Division Acquires McEvoy’s Becker & Mayer

The London-based Quarto Group's US operations expand with an acquisition in Bellvue, Washington, projecting a 30-percent rise in children's publishing revenues. The post UK’s Quarto USA Division Acquires McEvoy’s Becker & Mayer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-08-08 00:00:00 UTC ]
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Houghton Mifflin Partners with Weber Grills

Beginning in January, the house will become publishing partner, in the U.S. and Canada, with the popular manufacturer of outdoor gas, charcoal, and electric grills. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-02 00:00:00 UTC ]
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HarperCollins acquires youngest-ever GBBO star's cookbook

HarperCollins has acquired Twist, the first cookbook from The Great British Bake Off’s youngest ever contestant, Martha Collison.  Publisher Grace Cheetham acquired world rights from Claudia Young at Greene & Heaton. Martha Collison contended in the 2014 series of GBBO - progressing to the... Continue reading at The Bookseller

[ The Bookseller | 2015-10-01 00:00:00 UTC ]
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Time Inc. Said to Seek $685 Million for HQ of U.K. Division

Time Inc., the magazine publisher spun off from Time Warner Inc., is seeking around 450 million pounds ($685 million) for the London headquarters of its U.K. unit, according to two people with knowledge of the matter.The company appointed broker Eastdil Secured to sell the Blue Fin building,... Continue reading at Advertising Age

[ Advertising Age | 2015-05-08 00:00:00 UTC ]
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HarperCollins creates new Spanish-language divisions

HarperCollins is to expand its Spanish-language publishing via the creation of HarperCollins Espanol and HarperCollins Iberica, to serve the Americas and Spain/Portugal respectively. The company will build on its existing structures in the Americas and in Spain and expand the number of... Continue reading at The Bookseller

[ The Bookseller | 2015-03-10 00:00:00 UTC ]
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APG Acquires Three Newspaper Divisions From ACM

Adams Publishing Group LLC (APG) announced that it has purchased three newspaper divisions from American Consolidated Media (ACM).  The newspaper divisions include the Superior Publishing Group, Ohio Publishing Group, and Chesapeake Publishing G ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-03-14 00:00:00 UTC ]
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Flipboard Acquires CNN's Zite for $60 Million in Bid to Consolidate Reader Market

Flipboard, an app that displays digital media in magazine-like form on tablets, is acquiring one of its smaller competitors, Zite, for a reported $60 million.As part of the deal, Flipboard will get direct access to all CNN content, including video, as well as CNN personalities like Fareed... Continue reading at Advertising Age

[ Advertising Age | 2014-03-05 00:00:00 UTC ]
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Houghton Mifflin Pulls Another Jonah Lehrer Book From Stores

Following the scandal over Jonah Lehrer's book "Imagine" last year, Houghton Mifflin has pulled his earlier bestseller "How We Decided" from stores, citing “significant problems" with the book. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-03-03 00:00:00 UTC ]
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