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 ]

Other news stories related to: " Simon & Schuster purchased by private equity firm KKR for $1.62 billion"


Yahdon Israel Pulls Back the Curtain on Publishing

The senior editor at Simon & Schuster, who acquired NBA finalist ‘Temple Folk’ after putting out a call for submissions on Instagram, wants to make the publishing industry more transparent and accessible. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-24 05:00:00 UTC ]
More news stories like this


Jack Artenstein, Former S&S Group President and Publisher, Dies at 83

After executive roles at Grosset & Dunlap and Simon & Schuster, Artenstein launched RGA/Lowell House in 1984, and sold the company to the NTC/Contemporary Publishing Group in 1998. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-13 05:00:00 UTC ]
More news stories like this


Simon & Schuster Sale to KKR Officially Completed

Simon & Schuster has officially been sold to KKR a few months after the deal was announced and after a long journey that began in 2020. Continue reading at Book Riot

[ Book Riot | 2023-11-01 16:40:37 UTC ]
More news stories like this


KKR Completes Purchase of Simon & Schuster

The private equity firm, whose other holdings include OverDrive, has finalized its $1.62 billion purchase of S&S, the country's third largest trade book publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-30 04:00:00 UTC ]
More news stories like this


Arnold Intelligence: Schwarzenegger Spoofs AI to Promote His New Book

Arnold Schwarzenegger has been many things: bodybuilder, movie star, governor of California-and now a self-help guru. This month, Schwarzenegger released a self-help book titled, Be Useful: Seven Tools for Life. Since he's no ordinary star, publisher Penguin Press knew it couldn't promote the... Continue reading at AdWeek

[ AdWeek | 2023-10-18 13:30:00 UTC ]
More news stories like this


How Simon & Schuster’s Sale to KKR Could Affect the Company

Simon & Schuster may not have been merged with Penguin Random House, but that doesn’t mean KKR’s acquisition of it is without cons. Continue reading at Book Riot

[ Book Riot | 2023-10-18 10:33:00 UTC ]
More news stories like this


New S&S Program, Books Belong, Takes Aim at Book Bans

Simon & Schuster is introducing a new "multi-platform education and resources program" during this year's Banned Books Week, as part of an effort to expand the publisher's response to the book bans and challenges. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-20 04:00:00 UTC ]
More news stories like this


Lydah Pyles DeBin Named Executive Director of Center for Fiction

DeBin previously served as deputy director of Portland's Literary Arts, as well as a national account manager at Random House, Simon & Schuster, and Penguin Young Readers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-24 04:00:00 UTC ]
More news stories like this


Circana on July’s US Print Book Market: A Slight Frontlist Gain

Despite overall flat sales this July, Circana reports that the US book market also saw some frontlist gains and new voices on the bestseller list. The post Circana on July’s US Print Book Market: A Slight Frontlist Gain appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-08 19:27:46 UTC ]
More news stories like this


Now we await Megan Fox’s “dark” poetry.

In big news for bodies keeping the score and also bibliotherapy, Simon & Schuster have announced the November 7 release of actor Megan Fox’s debut poetry collection, Pretty Boys Are Poisonous, with imprint Gallery Books. Per the press release: “These poems were written in an attempt to... Continue reading at Literrary Hub

[ Literrary Hub | 2023-08-08 16:42:42 UTC ]
More news stories like this


S&S Posts Solid Second Quarter

Led by another good performance by its audiobooks division and "fantastic" results in the U.K., operating income rose 14% at Simon & Schuster in the second quarter ended June 30, 2023 over the comparable period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-08 04:00:00 UTC ]
More news stories like this


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


KKR Agrees To Buy Simon & Schuster for $1.62 Billion

The acquisition of Simon & Schuster by KKR, Jonathan Karp says, is enhanced by KKR's interest in company growth and employee equity. The post KKR Agrees To Buy Simon & Schuster for $1.62 Billion appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-08-07 21:40:44 UTC ]
More news stories like this


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


Deal for Simon & Schuster Said to Be Near

The private investment firm KKR, HarperCollins, and Richard Hurowitz of the investment firm Octavian & Company are all said to still be in contention to acquire the country's third largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-04 04:00:00 UTC ]
More news stories like this


Spain’s Book Market in 2022: Up 5.5 Percent

The annual report from Spain's publishers describes a 10th consecutive year of growth for the country's book market, at €2.7 billion. The post Spain’s Book Market in 2022: Up 5.5 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-07-27 20:58:08 UTC ]
More news stories like this


AAP StatShot Shows the US Book Market Flat in May

In the US, sales of books for adults and education were up in May, as children's books slid again, per AAP's StatShot. The post AAP StatShot Shows the US Book Market Flat in May appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-07-24 14:10:38 UTC ]
More news stories like this


Book Deals: Week of July 24, 2023

Cassidy Hutchinson, a former assistant to both Donald Trump and Mark Meadows, sells a memoir to Simon & Schuster, and Amistad buys a book by couture designer B Michael about his friendship with actor Cicely Tyson. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-21 04:00:00 UTC ]
More news stories like this


Book Fairs Boost Scholastic Results in Fiscal 2023

In a week filled with bad book business news and a down year for the children's book market, Scholastic nonetheless delivered a generally upbeat financial report for its latest fiscal year—thanks in no small part to the company's booming book fair business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-20 04:00:00 UTC ]
More news stories like this


Likewise Expands Book Recommendation Partnership with Simon & Schuster

The collaboration aims to recommend Simon & Schuster authors and featured titles across Likewise's entertainment suite, which includes a newsletter, a mobile and TV app, and social media platforms. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-12 04:00:00 UTC ]
More news stories like this