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 Full Story Continue reading at 'Fast Company'

[ Fast Company | 2023-08-08 08:50:00 UTC ]
News tagged with: #american publishing #book publishing

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Paramount scraps $2.2bn sale of Simon & Schuster publishing to Penguin

Penguin owner Bertelsmann will not appeal US judge’s ruling that merger would be illegal because it would hit authors’ payPenguin Random House, the world’s largest book publisher, and rival Simon & Schuster have scrapped a $2.2bn deal to merge, Penguin’s owner said in a statement on... Continue reading at The Guardian

[ The Guardian | 2022-11-21 22:41:38 UTC ]
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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 ]
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Wonderbly acquired by private equity firm Graphite Capital

Personalised children’s book publisher Wonderbly has been acquired by private equity specialist Graphite Capital for an undisclosed amount.  Continue reading at The Bookseller

[ The Bookseller | 2021-07-27 23:35:14 UTC ]
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Private Equity Firm Agrees to Buy LSC

The private equity firm Atlas Holdings, with the support of a creditor group, has agreed to acquire LSC Communications in a deal that is expected to close before the end of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-09-15 04:00:00 UTC ]
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Boston private equity firm buys stock media company

This story first ran in DC Inno, a sister publication of the Boston Business Journal. Storyblocks, a digital content company in the Washington, D.C. area, has struck a deal to sell to private equity firm Great Hill Partners, more than a decade after the company’s launch as a stock video... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-06-25 22:32:04 UTC ]
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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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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 ]
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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 ]
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Global Publishing Leaders 2018: Simon & Schuster

Simon & Schuster is the trade publishing division of the CBS Corporation, and publishes and distributes consumer books under imprints incluing Simon & Schuster, Scribner, Atria, Touchstone, Gallery Books, Pocket Books, Howard Books, Threshold Editions, and Free Press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-14 00:00:00 UTC ]
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Private equity firm Aurelius buys Connect Books

Private equity firm Aurelius has bought wholesaler and distributor Connect Books from distribution company the Connect Group for £11.6m. Continue reading at The Bookseller

[ The Bookseller | 2017-12-22 00:00:00 UTC ]
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Global Publishing Leaders 2017: Simon & Schuster

Simon & Schuster was founded in New York City in 1924 by Richard L. Simon and M. Lincoln ("Max") Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-25 00:00:00 UTC ]
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Global Publishing Leaders 2016: Simon & Schuster

Simon & Schuster was founded in New York City in 1924 by Richard L. Simon and M. Lincoln ("Max") Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-26 00:00:00 UTC ]
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Adweek Sold to Canadian Private Equity Firm

Beringer Capital acquires the weekly magazine and web verticals months after their spin-off from Prometheus Global Media. The post Adweek Sold to Canadian Private Equity Firm appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-07-18 00:00:00 UTC ]
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Johnson Publishing Sells Ebony, Jet to Private Equity

Clear View Group says it will retain the 71-year-old magazine's print edition and most of its staff. The post Johnson Publishing Sells Ebony, Jet to Private Equity appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-06-15 00:00:00 UTC ]
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Author Solutions Sold to Private Equity Firm

Penguin Random House has sold its Author Solutions division to an affiliate of the Najafi Companies, a private investment firm that at one point owned Bookspan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-05 00:00:00 UTC ]
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Global Publishing Leaders 2015: Simon & Schuster

Simon & Schuster was founded in New York City in 1924 by Richard L. Simon and M. Lincoln ("Max") Schuster. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-26 00:00:00 UTC ]
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Global Publishing Leaders 2014: Simon & Schuster

Simon & Schuster is owned by CBS Corporation and its imprints include Pocket Books, Scribner, and Atria. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-27 00:00:00 UTC ]
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Second private equity firm interested in Borders US

Written By: Lisa Campbell Publication Date: Thu, 09/06/2011 - 09:19 Private equity firm Najafi Companies is reportedly in discussions to buy Borders in America. The Wall Street Journal said "people familiar with the matter" said the firm, which usually makes investments of $1bn or less, is in... Continue reading at The Bookseller

[ The Bookseller | 2011-06-09 00:00:00 UTC ]
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