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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Nielsen Rejects $15 Billion Acquisition Offer From Private-Equity Consortium

Nielsen Holdings has rejected an acquisition offer of roughly $15 billion from a private equity consortium, explaining that the deal "significantly undervalues" the measurement company. On Sunday night, Nielsen said its board of directors had determined not to proceed with an "unsolicited... Continue reading at AdWeek

[ AdWeek | 2022-03-21 01:43:07 UTC ]
More news stories like this | News stories tagged with: #nielsen #sunday night #measurement company #acquisition offer #nielsen holdings


Shares in education publisher Pearson jump 20% on hopes of private equity bid

Market value increases by nearly £1bn as Apollo considers improved cash offer after £6.4bn deal rejectedPearson’s market value jumped by as much as a fifth after a US private equity group said it was considering making an improved cash offer after the educational publisher’s rejection of a... Continue reading at The Guardian

[ The Guardian | 2022-03-11 13:22:21 UTC ]
More news stories like this | News stories tagged with: #pearson #profit warnings #educational publisher


Simon & Schuster Canada To Open a Canadian Scribner Imprint

The Canadian arm of Simon & Schuster is to open its Scribner Canada imprint with works of Iain Reid and Deborah Thompson. The post Simon & Schuster Canada To Open a Canadian Scribner Imprint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-02-23 01:48:53 UTC ]
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Recurrent Ventures – the next big private equity-fueled media conglomerate?

Private equity-funded Recurrent Ventures now has 20 digital media brands under its purview — and is on the hunt for more acquisitions. But is its approach to injecting new life into these titles sustainable? The post Recurrent Ventures – the next big private equity-fueled media conglomerate?... Continue reading at Digiday

[ Digiday | 2022-01-18 05:01:00 UTC ]
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Penguin Random House, Simon & Schuster file withering response to DOJ antitrust suit

Penguin Random House and Simon & Schuster are putting up a fight against federal efforts to scuttle their merger, alleging the government is wrong. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-12-13 21:40:35 UTC ]
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Penguin Random House Defends Effort to Buy Simon & Schuster

The Biden administration has challenged the deal over concerns it would harm authors, but the publisher said that argument is a misunderstanding of how the book industry works. Continue reading at The New York Times

[ The New York Times | 2021-12-13 17:21:52 UTC ]
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Justice Dept. Sues Penguin Random House Over Simon & Schuster Deal

The Biden administration’s rejection of the proposed $2.18 billion publishing merger reflects a changing atmosphere in Washington toward consolidation. Continue reading at The New York Times

[ The New York Times | 2021-11-02 21:41:37 UTC ]
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Justice Department Sues to Block Penguin Random House Acquisition of Simon & Schuster

The Department of Justice sues to block the acquisition of Simon and Schuster from Penguin Random House. Continue reading at Book Riot

[ Book Riot | 2021-11-02 16:56:25 UTC ]
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DOJ sues to block Penguin Random House from merging with Simon & Schuster

Some tech analysts are a bit baffled by the move and, subsequently, the DOJ’s priorities. The Justice Department on Tuesday filed a lawsuit against publisher Penguin Random House that seeks to block its proposed merger with rival Simon & Schuster. It’s one of the Biden administration’s... Continue reading at Fast Company

[ Fast Company | 2021-11-02 14:35:22 UTC ]
More news stories like this | News stories tagged with: #penguin random house #publisher penguin #biden administration #proposed merger #justice department #simon schuster


IAB Europe suspends consent management firms as global privacy authorities signal tougher action

Regulators have doubts that promises of consent-based data collection by digital publishers and advertisers is based on genuine user consent. The post IAB Europe suspends consent management firms as global privacy authorities signal tougher action appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-09-30 04:01:00 UTC ]
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Simon & Schuster Takes a New Recruiting Program Online

Simon & Schuster's Publishing Prologue program, which launched this summer, is aimed at reaching and recruiting young people interested in publishing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-24 04:00:00 UTC ]
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Simon & Schuster Launches 'AuthorFest'

Simon & Schuster has announced a new series of virtual author events, AuthorFest. The first event will feature Bob Woodward and Robert Costa of the 'Washington Post,' who will discuss their new book, 'Peril.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-23 04:00:00 UTC ]
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Nibbie winner Buckley on boosting Simon & Schuster’s picture book roster

Jane Buckley, who won the inaugural Designer of the Year prize at the recent British Book Awards, discusses her recent promotion and the art of pairing writers and illustrators together. I speak to Jane Buckley just after what must have been a pretty good couple of days for her. On 13th May, at... Continue reading at The Bookseller

[ The Bookseller | 2021-05-28 15:18:52 UTC ]
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Simon & Schuster refuses to distribute book by officer who shot Breonna Taylor

US publishing giant was due to distribute Jonathan Mattingly’s The Fight for Truth for rightwing outlet Post Hill PressSimon & Schuster has said that it will not be distributing a book by one of the police officers who shot Breonna Taylor, after a small publisher whose books are distributed... Continue reading at The Guardian

[ The Guardian | 2021-04-16 09:27:28 UTC ]
More news stories like this | News stories tagged with: #publishing giant #small publisher #shot taylor #inside story #widespread criticism #police officers


Simon & Schuster Signs Two-Book Deal With Mike Pence

Days before Republican John Boehner releases his party-pounding book from Macmillan, Trump's vice-president gets a book deal of his own. The post Simon & Schuster Signs Two-Book Deal With Mike Pence appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-08 16:52:35 UTC ]
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Authors fear the worst if Penguin owner takes over Simon & Schuster

Analysis: if Bertelsmann, owner of Penguin Random House, buys US publisher, writers expect smaller deals and less choice for readersUK watchdog investigates Penguin owner’s Simon & Schuster takeoverJokes circulated online when, in 2013, Penguin and Random House merged: would the new... Continue reading at The Guardian

[ The Guardian | 2021-03-22 23:24:23 UTC ]
More news stories like this | News stories tagged with: #random house #trade publishing #authors guild #justice department #publishing industry #bob woodward #stephen king #john irving #simon schuster


UK watchdog investigates Penguin owner’s Simon & Schuster takeover

CMA says it is considering whether Penguin Random House’s $2bn deal would lessen competitionAuthors fear the worst if Bertelsmann takes over Simon & SchusterThe UK competition watchdog has launched an investigation into Penguin Random House’s $2bn (£1.45bn) takeover of Simon & Schuster,... Continue reading at The Guardian

[ The Guardian | 2021-03-22 09:00:30 UTC ]
More news stories like this | News stories tagged with: #bertelsmann #$2bn deal #ernest hemingway #authors including #john grisham #bob woodward #barack obama #stephen king #hillary clinton #dan brown #simon schuster


Karp outlines Simon & Schuster’s plans after succeeding Reidy as c.e.o.

Jonathan Karp, who took the helm at Simon & Schuster after the loss of its formidable former c.e.o. Carolyn Reidy, reveals how he intends to navigate the pandemic, a Penguin Random House takeover, and US politics Continue reading at The Bookseller

[ The Bookseller | 2021-02-11 15:06:22 UTC ]
More news stories like this | News stories tagged with: #penguin random house #carolyn reidy #simon schuster #jonathan karp


Authors Guild urges DOJ to stop Simon & Schuster and Penguin Random House merger

Several organizations sent a letter to the Department of Justice on Friday urging it to stop Penguin Random House from purchasing Simon & Schuster. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-01-29 22:12:00 UTC ]
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Josh Hawley finds new publisher after Simon & Schuster cancels book

Simon & Schuster severed ties with senator after Capitol attackPublisher distributes titles by conservative imprint RegneryThe rightwing Missouri senator Josh Hawley has found a publisher for a book dropped by Simon & Schuster over his role in attempting to overturn the US election on... Continue reading at The Guardian

[ The Guardian | 2021-01-18 16:02:10 UTC ]
More news stories like this | News stories tagged with: #josh hawley #simon schuster