PRH owner Bertelsmann to buy Simon & Schuster in $2bn deal

German media firm, already owner of the giant Penguin Random House, says acquisition of another major publisher is ‘approvable’ within monopoly rulesGerman media group Bertelsmann is set to acquire publisher Simon & Schuster for $2.17bn, less than a year after it took control of Penguin Random House (PRH).Bertelsmann outbid Rupert Murdoch’s News Corp, which owns publisher HarperCollins, in a contest for the company that is home to Dan Brown, Hillary Clinton and Stephen King. ViacomCBS put the company up for sale this year in order to refocus on its online and advertising operations. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2020-11-25 16:55:32 UTC ]
News tagged with: #dan brown #hillary clinton #stephen king #advertising operations #$2bn deal #penguin random house #major publisher #bertelsmann

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[ The Bookseller | 2011-03-28 00:00:00 UTC ]
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[ The Bookseller | 2011-03-28 00:00:00 UTC ]
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Catherine Cookson estate goes direct in ebook deal

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[ The Bookseller | 2011-03-28 00:00:00 UTC ]
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[ The Bookseller | 2011-03-28 00:00:00 UTC ]
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Ebury buys Sue Johnston memoir

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[ The Bookseller | 2011-03-25 00:00:00 UTC ]
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[ The Bookseller | 2011-03-25 00:00:00 UTC ]
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[ The Bookseller | 2011-03-24 00:00:00 UTC ]
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[ The New York Times | 2011-03-24 00:00:00 UTC ]
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[ The New York Times | 2011-03-21 00:00:00 UTC ]
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[ The Bookseller | 2011-03-21 00:00:00 UTC ]
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[ The Bookseller | 2011-03-21 00:00:00 UTC ]
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[ The Bookseller | 2011-03-18 00:00:00 UTC ]
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[ Folio Magazine | 2011-03-14 00:00:00 UTC ]
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[ The Bookseller | 2011-03-11 00:00:00 UTC ]
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[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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