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

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

Federal judge rules that used ebooks cannot be sold by consumers

Start-up company ReDigi had planned to allow users to sell used ebooks but were told by a judge that doing so would be illegal. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-05-07 00:00:00 UTC ]
More news stories like this |

Book Fair Fights to Put Colombia Firmly on the Literary Map

The Bogota International Book Fair convenes nearly the entire Colombian publishing industry and focuses on bringing the region's books and authors to the public. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-05-06 00:00:00 UTC ]
More news stories like this |

New from Akashic: ‘Simon’s Cat,’ Uglytown’s ‘By the Balls’

Looking for a repeat of its surprise picture book bestseller, Go the F**k to Sleep, Akashic publisher Johnny Temple is touting two new books with strong graphic components. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-05-04 00:00:00 UTC ]
More news stories like this |

Pop Up Private Club Adds Glamor to the LBF Agents Center

London's famous Ivy Restaurant is running at pop-up version of its private club, complete with champagne and catering, at the Rights Centre at the London Book Fair. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-04-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #private club

Film rights sold for Bologna hit

The film rights to YA debut novel Half Bad by Sally Green have been snapped up by Fox 2000, hard... Continue reading at The Bookseller

[ The Bookseller | 2013-04-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bologna hit #film rights #ya debut #half bad #sally green

Premium Publishers Give Private Marketplaces Another Look

After a burst of initial announcements of private exchanges, followed by a lull in activity, private marketplaces are getting another look by premium publishers as the technology has improved and programmatic buying gains traction. The aim of the private exchanges is to leverage publishers’... Continue reading at AdWeek

[ AdWeek | 2013-04-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #brian lesser #ad buying

Lonely Planet sold to Brad Kelley's NC2

Travel guide publisher Lonely Planet is to be sold by BBC Worldwide to US-based media company NC2... Continue reading at The Bookseller

[ The Bookseller | 2013-03-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bbc worldwide

Prospect Books wins André Simon award

A book published by one-man band Prospect Books has won the prestigious André Simon... Continue reading at The Bookseller

[ The Bookseller | 2013-03-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book published

News Corp. publishing firm to start with $2.6 billion in cash

News Corp.'s soon-to-be publishing company will begin life with no debt and about $2.6 billion in cash -- illustrating the parent company's attempt to provide the new entity with solid financials and money for acquisitions. Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-03-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing firm

Amazon fires German security firm

Amazon has fired the security company it employed to oversee its warehouse operations over... Continue reading at The Bookseller

[ The Bookseller | 2013-02-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #warehouse operations

The Great Book Robbery and the Fate of Palestine’s Private Libraries

In 1948 some 70,000 books were looted from Palestinian libraries by the state of Israel. A new documentary considers their fate and the implications of intellectual occupation. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #private libraries

McDonald's to offer £1 deal on 15m books

McDonald's has launched a two-year children’s books campaign, committing to "hand... Continue reading at The Bookseller

[ The Bookseller | 2013-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #books campaign

Jamie holds firm at number one in charts

Jamie Oliver's Jamie's 15-minute Meals (Michael Joseph) has retained pole position atop... Continue reading at The Bookseller

[ The Bookseller | 2013-01-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #jamie oliver

Over 1,000 library jobs will go next year, says CILIP

More than 1,000 library staff will lose their jobs in the next 12 months, according to a new... Continue reading at The Bookseller

[ The Bookseller | 2012-12-04 00:00:00 UTC ]
More news stories like this |

McGraw-Hill Education Sold for $2.5 Billion to Investor

McGraw-Hill has signed an agreement to sell its education business, McGraw-Hill Education, to investment firm Apollo Global Management for $2.5 billion. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2012-11-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #mcgraw-hill education #education business

QI title sold for 20p

One of the biggest-selling hardback books in the UK has topped the Kindle chart, selling for just... Continue reading at The Bookseller

[ The Bookseller | 2012-11-26 00:00:00 UTC ]
More news stories like this |

Ziff Davis Sold to J2 Global

Ziff Davis valuation is way up in the clouds. The tech-centric publisher has been sold to j2 Global, Inc., a business cloud services company, for $167 million, the companies announced today. The cash purchase is expected to yield j2 $60 million in 2013 revenues, said officials. Formerly a... Continue reading at AdWeek

[ AdWeek | 2012-11-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #undisclosed amount #ad world #organic growth