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 competition would shrink in the book market.The private equity giant will buy Simon & Schuster for $1.62bn in cash, said Paramount Global, the parent company of the storied book publisher. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2023-08-07 21:05:30 UTC ]

Other news stories related to: "Simon & Schuster sold to private equity firm KKR for $1.62bn"


Penguin Random House to Distribute for Disney Publishing

Starting next April 1, Penguin Random House Publisher Services will take over distribution of the adult and children’s print books published by Disney Publishing Worldwide. Under the agreement, PRHPS will also take on distribution of Marvel Publishing’s collected editions and graphic novels to... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
More news stories like this


Emi Ikkanda Named Executive Editor of Tiny Reparations

Ikkanda will join the Penguin Random House imprint as executive editor August 1. She will also acquire selectively for Dutton and Plume. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-06 04:00:00 UTC ]
More news stories like this


The Morning After: Dyson’s secret robot projects

The NFL's rumored streaming service could debut in JulyDyson, the company that’s recently branched out into hair curlers, air-purifying headphones and not cars, has revealed it has an entire division secretly developing robot prototypes for household chores.The company didn't detail any of the... Continue reading at Engadget

[ Engadget | 2022-05-26 11:15:21 UTC ]
More news stories like this


Bono to release memoir about ‘the people, places and possibilities’ of his life

Surrender, which will ‘draw in detail’ what he had previously only sketched in songs, will contain 40 chapters, each named after a U2 song, and include 40 original drawings by the singerThe first memoir by Bono will be released this year, publisher Penguin Random House has announced.While the U2... Continue reading at The Guardian

[ The Guardian | 2022-05-10 15:24:58 UTC ]
More news stories like this


Dolly Parton’s Imagination Library to give books to refugee children

Singer’s global initiative to offer a book each month to 200 refugee children in London until they turn fiveRefugee children in London will be given a book each month until they turn five, thanks to a new project from Dolly Parton’s Imagination Library.The global organisation is partnering with... Continue reading at The Guardian

[ The Guardian | 2022-05-09 15:54:47 UTC ]
More news stories like this


PRH Sees Sales of Spanish-Language Books Surge

Silvia Matute, president of Penguin Random House Grupo Editorial’s U.S. division, discusses the company’s growth and the Spanish-language book market in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-29 04:00:00 UTC ]
More news stories like this


United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint

'Overall, the US book market is turning in a very strong performance by historic norms,' says NPD BookScan's Kristen McLean. The post United States Book Market: A First Quarter’s Glide and NPD’s Viewpoint appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-04-15 15:51:56 UTC ]
More news stories like this


Book Riot’s SFF Deals for April 4, 2022

Today’s edition of SFF Daily Deals is sponsored by Penguin Random House & Underlined. `Penguin Random House &... Continue reading at Book Riot

[ Book Riot | 2022-04-04 14:08:53 UTC ]
More news stories like this


Book Riot’s YA Deals of the Day for April 2, 2022

Today's edition of YA Deals is sponsored by Penguin Random House & Underlined.`Penguin Random House &... Continue reading at Book Riot

[ Book Riot | 2022-04-02 10:00:00 UTC ]
More news stories like this


Book Riot’s Deals of the Day for April 1, 2022

Today's edition of Daily Deals is sponsored by Penguin Random House & Underlined`Penguin Random House &... Continue reading at Book Riot

[ Book Riot | 2022-04-01 14:05:33 UTC ]
More news stories like this


PRH Had a Record Year in 2021

Revenue at Penguin Random House increased 6% in 2021 over 2020, to €4.0 billion, and earnings rose 9.2%, to €755 million. Sales at PRH US topped $2.5 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-31 04:00:00 UTC ]
More news stories like this


Exclusive cover reveal: Suad Amiry’s Mother of Strangers.

Lit Hub is pleased to reveal the cover for Suad Amiry’s new novel, Mother of Strangers, which will be published by Penguin Random House this August. Mother of Strangers, based on a true story, follows the lives of 15-year-old mechanic Subhi and 13-year-old Shams, the girl he hopes to marry one... Continue reading at Literrary Hub

[ Literrary Hub | 2022-03-07 15:36:20 UTC ]
More news stories like this


Rights Edition: Nicolas Roche on BIEF’s New ‘Books From France’ and Paris Book Market

Interview:  A new event—the in-person Paris Book Market—leads BIEF's spring calendar in French publishing-rights activities. The post Rights Edition: Nicolas Roche on BIEF’s New ‘Books From France’ and Paris Book Market appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-02-25 17:34:51 UTC ]
More news stories like this


PRH Celebrates Black Excellence (and Books) with #AllWaysBlack

In May 2021, Penguin Random House launched a new marketing effort under the hashtag #AllWaysBlack. Over 26.3K followers and nearly a year later, the channel will expand in a number of ways. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-01 05:00:00 UTC ]
More news stories like this


Publishers, Agencies Start Receiving Subpoenas as DoJ-PRH Case Ramps Up

As Penguin Random House and the Department of Justice continue to prepare for an August trial in which PRH hopes to block the government’s effort to kill its acquisition of Simon & Schuster, professionals throughout the industry are finding themselves pulled into the legal fray. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-01 05:00:00 UTC ]
More news stories like this


French Publishers on the Hachette-Editis Merger: ‘Such a Concentration’

The SNE warns of 'a concentration such as the French book market has never known' in the merger of Vivendi and Lagardère. The post French Publishers on the Hachette-Editis Merger: ‘Such a Concentration’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-07 14:14:43 UTC ]
More news stories like this


PRH dominates Costa Book Awards as Azumah Nelson and Fuller win categories

Penguin Random House has dominated the Costa Book Awards 2021 category winners, with two Viking authors among the victors—Caleb Azumah Nelson and John Preston—along with Fig Tree's Claire Fuller and Manjeet Mann, with only Bloodaxe Books' Hannah Lowe preventing a clean sweep.   Continue reading at The Bookseller

[ The Bookseller | 2022-01-04 12:23:06 UTC ]
More news stories like this


Ukraine-Based ‘Kiss Library’ Under Permanent Injunction in Book Piracy Case

The US Authors Guild, Amazon Publishing, and Penguin Random House win a default judgment against Ukraine-based 'Kiss Library.' The post Ukraine-Based ‘Kiss Library’ Under Permanent Injunction in Book Piracy Case appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-04 10:56:43 UTC ]
More news stories like this


New Librarian-Moderated Author Series to Celebrate AAPI Voices

The AAPI Communities in Conversation series launches on January 4 at 1 p.m. ET. The series is a joint effort between the University of South Carolina's Augusta Baker Endowed Chair and Penguin Random House Library Marketing, with additional media support from Publishers Weekly. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-03 05:00:00 UTC ]
More news stories like this


As a black literary agent, I despair at UK publishing's lack of diversity | Natalie Jerome

For decades, I sat in meetings with all-white teams. The industry needs an independent body to advise on equalityI’m a literary agent and at the height of last year’s Black Lives Matter protests I was sent a list, with accompanying photographs, of the top editors working across the major... Continue reading at The Guardian

[ The Guardian | 2022-01-01 10:00:46 UTC ]
More news stories like this