U.K. Investment Group Acquires Barnes & Noble for $683 Million

It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018. The brands will operate independently, but Waterstones CEO James Daunt... Continue reading at 'AdWeek'

[ AdWeek | 2019-06-07 20:03:20 UTC ]
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Goodway Group quietly lays off employees in ‘rounds’ in ongoing workforce reduction

Digital media agency Goodway Group has been laying off employees across multiple teams in the past year as part of an ongoing reduction in its workforce, according to multiple sources who have been terminated. Continue reading at Digiday

[ Digiday | 2024-06-14 16:05:57 UTC ]
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A Book Club of Two: The Time I Started a James Joyce Reading Group in College

I’d bought my copy of James Joyce’s Ulysses at a Barnes and Noble in Manhattan in 1999, the summer before I left for college, along with a stack of other novels that I was convinced my much-smarter classmates would have already read. How I even decided which novels those were, I am still not... Continue reading at Literrary Hub

[ Literrary Hub | 2024-06-14 08:56:12 UTC ]
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Harper Group Launches Nonfiction Imprint, Harper Influence

Senior VP Lisa Sharkey has been tapped to helm Harper Influence, which will publish a "wide range of nonfiction spanning popular culture," including general lifestyle, entertainment, and inspiration. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-06-05 04:00:00 UTC ]
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Media Buying Briefing: Agencies bet on PR with acquisitions and AI investments

Media agencies are buying public relations shops and investing in AI as the rapid growth of digital media presents new opportunities to engage consumers and expand their specialities. Continue reading at Digiday

[ Digiday | 2024-06-03 04:01:00 UTC ]
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Hachette Book Group Restructures Sales Department Amid Layoffs

Hachette Book Group is reorganizing its sales group in order to "strengthen HBG's customer relationships" and "capitalize on marketplace opportunities," according to a spokesperson. The reorg eliminates a number of positions and reenvisions others, and the company has posted eight new job openings. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-31 04:00:00 UTC ]
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Pushkin Press Acquires Steerforth Press and Hanover Publisher Services

Pushkin Press, the London-based publisher, has acquired New Hampshire–based narrative nonfiction publisher Steerforth Press and its sister company Hanover Publisher Services. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-29 04:00:00 UTC ]
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Bloomsbury Buys Rowman & Littlefield Academic Division for $83 Million

In one bold move, the Bloomsbury accomplished two of its main goals for the year: adding to its academic holdings and expanding its presence in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-29 04:00:00 UTC ]
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Goodway Group launches retail media accelerator to bring order to a growing industry

Digital media and marketing agency network Goodway Group added two new brands to focus on the modern marketing funnel and retail media expertise as part of its strategic expansion into growing areas of the industry. Continue reading at Digiday

[ Digiday | 2024-05-23 04:01:00 UTC ]
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OpenAI will reportedly pay $250 million to put News Corp's journalism in ChatGPT

OpenAI and News Corp, the owner of The Wall Street Journal, MarketWatch, The Sun, and more than a dozen other publishing brands, have struck a multi-year deal to display news from these publications in ChatGPT, News Corp announced on Wednesday. OpenAI will be able to access both current and well... Continue reading at Engadget

[ Engadget | 2024-05-22 21:46:16 UTC ]
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Arcadia Publishing Acquires Dry Climate Studios

The purchase of children's publisher Dry Climate, best known for its alphabetical books spotlighting cities, states, and regions across the U.S., is the latest in a string of acquisitions made by the regional books publisher Arcadia. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-10 04:00:00 UTC ]
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Ben Sevier Up at Hachette Book Group as Hachette UK Gets Restructured

To help achieve Hachette's corporate goal of creating a unified English-language publishing structure, CEO David Shelley has promoted Ben Sevier to head the newly-formed Grand Central Publishing Group, combined the U.K. and U.S. distribution businesses under one leader, and divided Hachette UK... Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-07 04:00:00 UTC ]
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Simon & Schuster To Acquire the Netherlands’ VBK

'Our shared goal is to expand the audience for our authors and their books,' says S&S CEO Jonathan Karp in announcing the VBK acquisition. The post Simon & Schuster To Acquire the Netherlands’ VBK appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-05-06 21:39:31 UTC ]
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Simon & Schuster Acquires Dutch Publisher Veen Bosch & Keuning

S&S has acquired VBK, the largest Dutch book publishing house, and its subsidiaries and sister companies. The move marks the first major instance of a promised international expansion at S&S since its acquisition by private equity firm KKR last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-05-06 04:00:00 UTC ]
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Norton Sues Follett, Alleging Millions in Past Due Payments

In an April 17 complaint, the publisher alleges that Follett Higher Education could owe the publisher more than $9 million by May 1, for both print and digital content. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-24 04:00:00 UTC ]
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Finally, the Ad Industry Can Deliver on Purpose-Driven Media Investment

Several brands have made public commitments to shift their budgets to purpose-driven advertising and allocate spend to companies owned by and reaching underrepresented populations or focusing on industry causes. However, given the complexity of the digital media... Continue reading at AdWeek

[ AdWeek | 2024-04-17 20:25:31 UTC ]
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Arrests made a year after gold and cash worth millions were stolen at Toronto airport

Authorities in Canada say they have made arrests in the theft of a cargo container that included gold and other items worth over 20 million Canadian dollars — about $14.5 million — that were stolen from Toronto’s Pearson International airport a year ago Continue reading at ABC News

[ ABC News | 2024-04-17 01:10:08 UTC ]
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Carrie Bloxson Promoted at Hachette Book Group, Hachette UK

The v-p and chief diversity officer at Hachette Book Group has been promoted to senior v-p of culture and diversity, equity, and inclusion at both HBG and Hachette UK, effective immediately. She will report to HBG and HUK CEO David Shelley. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-16 04:00:00 UTC ]
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Rizzoli International to Acquire Chelsea Green Publishing

The New York City–based subsidiary of Italian publisher the Mondadori Group has agreed to acquire the White River Junction, Vt.–based independent book publisher of titles on politics and sustainability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-15 04:00:00 UTC ]
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Springer Nature Group’s New Sustainability Report: Efforts ‘On Track’

Springer Nature's latest sustainability report includes workforce discussion and governance, risk, and compliance points. The post Springer Nature Group’s New Sustainability Report: Efforts ‘On Track’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-10 23:09:00 UTC ]
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World Book Day: German Publishers Expect to Give Books to 1.1 Million Kids

The publishers and booksellers of Germany are developing a special 2024 World Book Day campaign for April 23. The post World Book Day: German Publishers Expect to Give Books to 1.1 Million Kids appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2024-04-08 20:04:30 UTC ]
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