Rakuten OverDrive in buyout deal with KKR investment firm

Investment firm KKR has signed a deal to buy digital reading platform OverDrive from Rakuten for an undisclosed sum. Continue reading at 'The Bookseller'

[ The Bookseller | 2019-12-26 15:47:15 UTC ]
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Rakuten OverDrive in buyout deal with KKR investment firm

Investment firm KKR has signed a deal to buy digital reading platform OverDrive from Rakuten for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2019-12-26 15:47:15 UTC ]
More news stories like this | News stories tagged with: #rakuten overdrive


Investment Firm in Deal with RosettaBooks

MEP Capital has made an investment in RosettaBooks in a deal that gives MEP ownership of Rosetta's e-book catalog while leaving the operation of Rosetta unchanged. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-04 04:00:00 UTC ]
More news stories like this | News stories tagged with: #investment firm #e-book


Deals by KKR Led Publishing Acquisition Action in 2023

Many of the mergers and acquisitions in the year centered on book manufacturers, but the two biggest deals both involved private equity firm KKR. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-15 05:00:00 UTC ]
More news stories like this | News stories tagged with: #biggest deals #book manufacturers


KKR Closes Deal to Buy Simon & Schuster

The process of selling Simon & Schuster has been long and tumultuous, and was waylaid by an earlier antitrust suit. Continue reading at The New York Times

[ The New York Times | 2023-10-31 02:10:51 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: #american publishing #book 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: #simon schuster #book market #publisher penguin


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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Simon & Schuster sold to private equity firm KKR for $1.62bn

Paramount Global has sold the publisher after a federal judge blocked rival Penguin Random House from buying itSimon & 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... Continue reading at The Guardian

[ The Guardian | 2023-08-07 21:05:30 UTC ]
More news stories like this | News stories tagged with: #paramount global #book market #publisher penguin #penguin random house


Investment Firm Bids to Nominate Directors to B&NE Board

Barnes & Noble Education said it was surprised to learn that Outerbridge Capital, which owns 13.5% of the company, plans to nominate four of its own candidates to run for B&NE's board of directors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-30 04:00:00 UTC ]
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OverDrive to Acquire KKR-Owned RBmedia's Library Business

Combining OverDrive's market-leading platform with RBmedia's exclusive content represents a major new wrinkle in the digital library market: RBmedia is a major producer of audiobooks with a catalog of more than 45,000 exclusive titles. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-23 04:00:00 UTC ]
More news stories like this | News stories tagged with: #library business


KKR Completes OverDrive Purchase

The investment firm KKR has completed its purchase of OverDrive. The deal had first been announced on Christmas Eve. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #christmas eve


Equity Firm Agrees to Buy OverDrive

The private equity firm KKR has signed a definitive agreement to acquire OverDrive in a deal announced on Christmas Eve. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #buy overdrive #definitive agreement #deal announced #christmas eve


Nielsen Book and Rakuten OverDrive Named Supporters of the UK’s Libraries Week

Both the United States-based Rakuten OverDrive and the UK-based Nielsen Book are named today as new partners for CILIP in Libraries Week 2019. The post Nielsen Book and Rakuten OverDrive Named Supporters of the UK’s Libraries Week appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-07-17 08:10:12 UTC ]
More news stories like this | News stories tagged with: #libraries week #nielsen book #libraries


Gardners strikes deal with ecommerce firm Monwell

Gardners Books has joined forces with ecommerce firm Monwell Ltd in a new partnership that will see the wholesalers take over the Guardian Bookshop account from Bertrams.  Continue reading at The Bookseller

[ The Bookseller | 2019-07-16 23:50:20 UTC ]
More news stories like this | News stories tagged with: #gardners books #joined forces #bookshop


Scholastic invests in 'diverse' media firm Picturestart

Scholastic has joined firms—including Warner Bros—investing in Picturestart, a new media company releasing entertainment that will “discover and celebrate diverse voices”. Continue reading at The Bookseller

[ The Bookseller | 2019-05-04 00:00:00 UTC ]
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Davighi appointed Rakuten Overdrive UK country manager

Paul Davighi, formerly sales and marketing director at I.B.Tauris Publishers, is joining global digital lending platform Rakuten OverDrive to be its UK country manager. Continue reading at The Bookseller

[ The Bookseller | 2018-11-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marketing director


Chinese Investment Firm Takes Stake in Dark Horse

A major investment stake from Chinese media firm Vanguard Visionary Associates will be used to fund publishing projects at Dark Horse in addition to creating a development fund for film projects based on Dark Horse comics properties Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dark horse


Rakuten invests in getAbstract

Japanese e-commerce firm Rakuten, owner of Kobo and OverDrive, has acquired a substantial minority stake in getAbstract AG, the world's largest library of business book summaries. Continue reading at The Bookseller

[ The Bookseller | 2016-07-29 00:00:00 UTC ]
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Richard Desmond's firm in £25m loss after price cuts and digital investment

Northern & Shell puts 2015 losses down to cutting prices of Star and Express titles and significant investment in digital publishingRichard Desmond’s Northern & Shell fell to a £25m loss last year after embarking on costly tabloid price cuts and boosting investment in digital... Continue reading at The Guardian

[ The Guardian | 2016-04-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #cutting prices #significant investment #digital publishing #daily express #sunday express #pre-tax loss


Vivendi chief executive to chair media buyout firm Gloo Networks

Arnaud de Puyfontaine to take up non-executive role at London-listed technology company immediatelyVivendi chief executive Arnaud de Puyfontaine has been named chairman of Gloo Networks, the London-listed technology company set up to acquire struggling media assets.De Puyfontaine, who used to... Continue reading at The Guardian

[ The Guardian | 2015-12-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #non-executive role #named chairman #uk business