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'


New Insights Emerge Into Bidders for Simon & Schuster

The chatter is getting louder around the Simon & Schuster sale story, with News Corp arriving as another name associated with the process. The post New Insights Emerge Into Bidders for Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-11-17 19:13:31 UTC ]
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Rupert Murdoch’s News Corp Bids for Simon & Schuster

A sale of the venerable publisher of Stephen King and Hillary Clinton could fetch $1.7 billion and rev up consolidation in book publishing. Continue reading at The New York Times

[ The New York Times | 2020-11-17 08:28:15 UTC ]
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Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster

ViacomCBS is expected to reactivate the sale process for Simon & Schuster this month, and Bertelsmann's chief says he's interested. The post Report: Germany’s Bertelsmann Interested in Buying Simon & Schuster appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-09-02 18:34:05 UTC ]
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Bon Appétit names Dawn Davis, celebrated Simon & Schuster exec, new editor-in-chief

The storied culinary media brand lands a, well, seasoned publishing pro at a critical juncture.   Continue reading at Advertising Age

[ Advertising Age | 2020-08-27 17:16:47 UTC ]
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'Midnight Sun' Tops 1 Million Copies Sold in First Week

Stephenie Meyer’s 'Midnight Sun' sold more than 1 million copies across all formats last week, Little, Brown reported. The success continues a string of big first-week sales performances for books released during the pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-13 04:00:00 UTC ]
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Simon & Schuster Establishes Carolyn Kroll Reidy Memorial Scholarship

Simon & Schuster's Jonathan Karp notes that the late Carolyn Reidy was a supporter efforts in diversity and of publishing training programs. The post Simon & Schuster Establishes Carolyn Kroll Reidy Memorial Scholarship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-09 17:08:31 UTC ]
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Education technology firms merge to form Boca Raton-based company with 1,400 employees

New York-based Veritas Equity and Leeds Equity Partners consolidated multiple large education technology firms to form Anthology, based in Boca Raton. The company made it official this week after the private equity companies acquired Boca Ration-based Campus Management; Campus Labs in Buffalo,... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2020-07-07 18:29:21 UTC ]
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Pulitzer Prize Administrator Dana Canedy Named Simon & Schuster Publisher

Simon & Schuster on Monday named Dana Canedy senior vice president and publisher of its namesake imprint, putting a former Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-07-07 17:06:52 UTC ]
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Simon & Schuster Moves Up Mary Trump Book to July 14

The latest step in the next book Donald Trump wants to block: The Big Five publisher accelerates the book's release, as pre-orders soar. The post Simon & Schuster Moves Up Mary Trump Book to July 14 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-06 20:49:08 UTC ]
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Simon & Schuster Names Dana Canedy New Publisher

Ms. Canedy, a former journalist at The New York Times and the administrator of the Pulitzer Prizes, will run the namesake imprint at one of the country’s largest book publishers. Continue reading at The New York Times

[ The New York Times | 2020-07-06 14:06:33 UTC ]
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Simon & Schuster’s Mary Trump Book Temporarily Blocked by Restraining Order

Simon & Schuster chief Jonathan Karp asserts the right to publish and attests that the house is unaware of impediments to Mary Trump publishing her book. The post Simon & Schuster’s Mary Trump Book Temporarily Blocked by Restraining Order appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-07-01 13:49:34 UTC ]
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As IPA Backs Simon & Schuster on Bolton Book, Court Hearing Yields Little

A Friday afternoon court hearing on the Trump challenge to John Bolton's book produces no prior restraint, and Simon & Shuster thanks the International Publishers Association for its support. The post As IPA Backs Simon & Schuster on Bolton Book, Court Hearing Yields Little appeared... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-06-19 21:17:52 UTC ]
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In the Race for Trump Tell-Alls, Simon & Schuster Is Leading

The publisher, which is up for sale with a brand-new chief executive, is behind John Bolton’s and Mary L. Trump’s books as well as a new one about Melania Trump. Continue reading at The New York Times

[ The New York Times | 2020-06-17 22:36:46 UTC ]
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Simon & Schuster and Macmillan US also pull out of Frankfurt

Simon & Schuster and Macmillan US have followed HarperCollins and Pan Macmillan in announcing that they will not attend this year's Frankfurt Book Fair. Continue reading at The Bookseller

[ The Bookseller | 2020-06-01 09:13:28 UTC ]
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Simon & Schuster Names Jonathan Karp C.E.O.

Previously the president of the company’s adult publishing division, he succeeds Carolyn Reidy, who died earlier this month. Continue reading at The New York Times

[ The New York Times | 2020-05-28 17:25:48 UTC ]
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Karp Named CEO of Simon & Schuster

Jonathan Karp, who joined S&S in June 2010 as publisher of Simon & Schuster’s flagship imprint and was promoted to president and publisher of Simon & Schuster Adult Publishing in 2018, has been tapped to succeed the late Carolyn Reidy as president and CEO. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-28 04:00:00 UTC ]
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Carolyn Reidy, president and chief executive of Simon & Schuster, dies at 71

Reidy died Tuesday of a heart attack at age 71. She joined Simon & Schuster in 1992 as president of the trade division. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-05-12 17:58:46 UTC ]
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Simon & Schuster CEO Carolyn Reidy Dies of a Heart Attack, 71

Among the most admired and respected of Big Five leadership, Reidy joined Simon & Schuster in 1992. CFO Dennis Eulau recalls 'her fierce intelligence and curiosity.' The post Simon & Schuster CEO Carolyn Reidy Dies of a Heart Attack, 71 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-12 17:12:24 UTC ]
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Digital Sales Buoy Simon & Schuster

First quarter sales rose 4% at Simon & Schuster over last year's first period, led by gains in digital audio and e-books, but the outlook for rest of 2020 is uncertain. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-07 04:00:00 UTC ]
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