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 ]
News tagged with: #paramount global #book market #publisher penguin #penguin random house

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AMP Reissues Self-Published Book of Poems

Andrews McMeel Publishing has moved quickly to produce and promote Lang Leav’s Love & Misadventure, a 176-page volume containing 75 poems, as well as prose and illustrations, in which the author ruminates upon the highs and lows that inevitably accompany romantic relationships. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-10-13 00:00:00 UTC ]
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The PW Frankfurt Show Daily: Day 1, October 9, 2013

Get complete coverage of the Frankfurt Book Fair with the PW Frankfurt Show Daily. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-10-09 00:00:00 UTC ]
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Scribd CEO Aims for $1 Billion in Revenue from Ebook Subscriptions

Scribd formally launched ebook subscriptions today and the company CEO said he believes the service could eventually produce $1 billion in annual revenue. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-10-02 00:00:00 UTC ]
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Tech Firms Rally, Expecting Justice Department to Oppose Transparency Requests

Apple, Dropbox, Facebook, Google, Mozilla, Reddit, Tumblr, Twitter, Yahoo and other tech companies today sent a letter to the heads of the U.S. Senate and House Judiciary Committees in support of proposed legislation that would allow them to publish statistics about secret national security... Continue reading at AllThingsD

[ AllThingsD | 2013-09-30 00:00:00 UTC ]
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James Patterson will donate $1 million to indie bookstores

Patterson says a bookstore will need to be 'viable' and have a kids' section to qualify for a donation. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-09-18 00:00:00 UTC ]
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Norse Gods competition for Simon

Schoolchildren are being asked to imagine what they would do if they had the powers of the Norse... Continue reading at The Bookseller

[ The Bookseller | 2013-08-28 00:00:00 UTC ]
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Tumblr Went Toe to Toe With Twitter During VMAs, Per Data Firm

Tumblr was nearly as busy as Twitter during MTV's Video Music Awards on Sunday when it came to the sheer number of content contributors, per Union Metrics, a company that offers analytics for both platforms. The San Francisco tech firm says 1.1 million Tumblr users posted content with... Continue reading at AdWeek

[ AdWeek | 2013-08-27 00:00:00 UTC ]
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DOJ offers to cut injunction time in Apple ebook case, stays firm on key points

The US Justice Department was insistent that its proposed injunction against Apple for alleged ebook price fixing was the proper remedy earlier this month, but it's now willing to budge on that somewhat. As Reuters reports, the DOJ has offered to cut the length of the injunction from ten to five... Continue reading at Engadget

[ Engadget | 2013-08-24 00:00:00 UTC ]
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Tech firms' responses to latest NSA disclosures cloud the truth, experts say

Technology companies may be hiding behind legal jargon to avoid being more forthcoming in their responses to new documents on government surveillance that were disclosed Friday, some experts say. Internet and software companies including Microsoft, Yahoo, Google and Facebook “are legally... Continue reading at PC World

[ PC World | 2013-08-24 00:00:00 UTC ]
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VIDEO: Online publishing firms growing

The internet and new technology is making a dream of being an author a reality for many writers. Online self-publishing - bypassing agents and publishing houses is now a fast-growing sector. Continue reading at BBC World

[ BBC World | 2013-08-21 00:00:00 UTC ]
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News Corp Launches Global Private Ad Exchange

News Corp today announced plans to launch a global programmatic ad exchange that will let advertisers buy across its more than 50 online and mobile products including WSJ.com, Times.co.uk and NYPost.com. News Corp is far from the first to jump on the automated selling trend; other premium... Continue reading at AdWeek

[ AdWeek | 2013-08-21 00:00:00 UTC ]
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Gay-Themed Russian YA Novel Sold with Warning Label

As a result of laws prohibiting 'homosexual propaganda' in Russia, a young adult novel featuring a gay character, is sold with adult-age warning labels. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-08-06 00:00:00 UTC ]
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Newsweek Sold to International Business Times

Newsweek, the iconic newsmagazine brand, has been acquired by IBT Media, which publishes the news website International Business Times.  Newsweek has long been financially troubled and the venerable magazine published its last print edition i ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-08-05 00:00:00 UTC ]
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Law firm admits leaking Galbraith identity

London law firm Russells Solicitors has apologised "unreservedly" for leaking J K... Continue reading at The Bookseller

[ The Bookseller | 2013-07-18 00:00:00 UTC ]
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Private “I”

Robert Galbraith, who is really J.K. Rowling, caps his debut mystery novel, which is really her ninth book, by channeling Alfred, Lord Tennyson. “I am become a name,” thinks the private eye Cormoran Strike to himself when the case is solved, quoting Tennyson’s “Ulysses.” Strike’s right—he is... Continue reading at Slate

[ Slate | 2013-07-16 00:00:00 UTC ]
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Letter campaign for Canongate, signs Simon Garfield

Canongate is to launch a campaign in praise of letter writing, after signing two new books... Continue reading at The Bookseller

[ The Bookseller | 2013-07-04 00:00:00 UTC ]
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Distributor Magnify, a Web Video Curator, Raises $1 Million

Magnify, a video distribution and curation startup, has raised $1 million from a group of investors that includes TED conference producer Chris Anderson and Chris Kelly, Facebook's former chief privacy officer. Magnify, which has previously raised $4.2 million over five years, helps publishers... Continue reading at AllThingsD

[ AllThingsD | 2013-06-24 00:00:00 UTC ]
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Microsoft Mulling Nook Media LLC Purchase For $1 Billion

Microsoft is offering to pay $1 billion to buy the digital assets of Nook Media LLC, the digital book and college book joint venture with Barnes & Noble and other investors, according to internal documents we’ve obtained. In this plan, ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-05-09 00:00:00 UTC ]
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Microsoft may buy Barnes & Noble's Nook unit for $1 billion

According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the digital assets of Nook Media, Barnes & Noble's digital book venture.According to internal documents obtained by the website TechCrunch, Microsoft has offered $1 billion for the... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-05-09 00:00:00 UTC ]
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