U.K.'s Informa Agrees to Buy Aviation Week Publisher Penton for $1.6 Billion

Informa, the U.K.-based business information provider, has agreed to buy Penton Information Services for 1.18 billion pounds ($1.6 billion) to add exhibitions and professional services in the U.S.The company will fund the purchase through new debt and equity, according to a statement Thursday. The sellers, MidOcean Partners and Wasserstein & Co., will receive about 1.1 billion pounds in cash and 76 million pounds in Informa equity.Informa has accelerated its expansion under CEO Stephen Carter, a former head of U.K. media regulator Ofcom who was named CEO in 2013. Informa, which has a market value of about 4.5 billion pounds, employs more than 6,000 people globally across five divisions: Business intelligence, academic publishing, knowledge, events and support, according to its website. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-09-15 00:00:00 UTC ]
News tagged with: #statement thursday #named ceo #business intelligence #academic publishing

Other Publishing stories related to: 'U.K.'s Informa Agrees to Buy Aviation Week Publisher Penton for $1.6 Billion'

It's Official: Book Publishing Sales Held at $25 Billion in 2020

The Association of American Publishers released its final report on 2020 industry sales today and the figures show another flat year, with sales down 0.2% compared to 2019, slipping to $25.71 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-08 04:00:00 UTC ]
More news stories like this | News stories tagged with: #final report #figures show #flat year #2% compared #book publishing

Quercus buys Arcadia Books as Bielenberg named publisher

Quercus has acquired the independent publishing house Arcadia Books for an undisclosed sum, to be based within the MacLehose Press imprint. Continue reading at The Bookseller

[ The Bookseller | 2021-09-06 17:28:46 UTC ]
More news stories like this | News stories tagged with: #independent publishing

Book Deals: Week of September 6, 2021

A memoir from Congressman Jamie Raskin goes to Harper, Penguin signs Coll’s last Afghanistan book, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #memoir

4 Takeaways From Top Publishers’ Earnings Reports This Week

Several dominant digital media publishers--BuzzFeed, Dotdash, The New York Times and The Wall Street Journal--all disclosed the state of their financial health this past week, and taken together the findings reveal some of the key trends shaping the industry. While the four companies face... Continue reading at AdWeek

[ AdWeek | 2021-08-06 21:11:12 UTC ]
More news stories like this | News stories tagged with: #past week #top publishers #digital media

Bonnier Books UK buys Edinburgh indie Black & White Publishing

Bonnier Books UK has acquired independent Scottish publisher Black & White Publishing as part of its long-term strategy for growth. Continue reading at The Bookseller

[ The Bookseller | 2021-07-27 19:25:22 UTC ]
More news stories like this | News stories tagged with: #long-term strategy #bonnier

Prince Harry agrees publishing deal to write his memoirs

Penguin Random House announces book is expected in late 2022 with proceeds going to charityThe Duke of Sussex has agreed a publishing deal to write his memoirs and said he would do so “not as the prince I was born, but as the man I have become”.The global deal for his “literary memoir” was... Continue reading at The Guardian

[ The Guardian | 2021-07-19 18:37:55 UTC ]
More news stories like this | News stories tagged with: #global deal #literary memoir #penguin random house #publishing deal

Tencent to buy British video game studio Sumo for $1.27 billion

In a busy year for gaming mergers, another deal has just been announced. Tencent is to fully acquire Sumo Group, the UK developer behind LittleBigPlanet 3 and Crackdown 3. The Chinese web giant is offering 513 pence per share for the studio, in which it already owns an 8.75 percent stake,... Continue reading at Engadget

[ Engadget | 2021-07-19 09:14:25 UTC ]
More news stories like this | News stories tagged with: #multiple reports #long-term success #non-executive chairman #publishers including

Clarivate to Buy ProQuest for $5.3 Billion

In a huge deal in the library and information publishing world, London-based Clarivate has agreed to acquire ProQuest, an acquisition expected to be completed later this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-05-17 04:00:00 UTC ]
More news stories like this | News stories tagged with: #london-based clarivate #huge deal

Lagardère Agrees to Board Changes, Says Publishing Is Priority

Lagardère, the parent company of Hachette Livre, will dissolve its current management structure and transition to a more conventional joint stock company, and reasserted its commitment to the publishing business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-28 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing business #hachette livre #hachette

SPCK buys Lion Hudson's publishing business

The Society for Promoting Christian Knowledge (SPCK) is acquiring the publishing business of Lion Hudson from the AFD Group to become the UK’s largest Christian publisher. Continue reading at The Bookseller

[ The Bookseller | 2021-04-21 20:30:24 UTC ]
More news stories like this | News stories tagged with: #lion hudson #publishing business

Print Unit Sales Rose 6% Last Week Led by Adult Titles

Unit sales of adult titles jumped for the week ended April 10, 2021, over the comparable week in 2020, offsetting steep declines in the juvenile categories. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-16 04:00:00 UTC ]
More news stories like this | News stories tagged with: #week led #adult titles #juvenile categories

HarperCollins to Buy Houghton Mifflin’s Trade Publishing Unit

The $349 million deal will help the publisher expand its back catalog at a moment of growing consolidation in the book business. Continue reading at The New York Times

[ The New York Times | 2021-03-29 19:44:12 UTC ]
More news stories like this | News stories tagged with: #back catalog #book business #trade publishing

6 Dr. Seuss Books Will No Longer Be Published Over Offensive Images

The company that oversees the children’s author’s estate said that the titles contained depictions of groups that were “hurtful and wrong.” Continue reading at The New York Times

[ The New York Times | 2021-03-03 08:08:27 UTC ]
More news stories like this | News stories tagged with: #seuss books #dr. seuss

6 Dr. Seuss books will no longer be published due to racist imagery

Six Dr. Seuss books — including And to Think That I Saw It on Mulberry Street and If I Ran the Zoo — will stop being published because of racist and insensitive imagery, the business that preserves and protects the author's legacy said Tuesday. ... Continue reading at CBC

[ CBC | 2021-03-02 12:29:16 UTC ]
More news stories like this | News stories tagged with: #racist imagery #seuss books #mulberry street #insensitive imagery #dr. seuss

Dr. Seuss Enterprises will stop publishing these 6 books due to racist imagery

‘Ceasing sales of these books is only part of our commitment and our broader plan to ensure Dr. Seuss Enterprises’ catalog represents and supports all communities and families.’ Six Dr. Seuss books are being pulled from publication, the organization who manages the late author’s legacy accounted... Continue reading at Fast Company

[ Fast Company | 2021-03-02 08:06:15 UTC ]
More news stories like this | News stories tagged with: #seuss books #seuss enterprises #stop publishing #racist imagery #late author #dr. seuss

This Week's Bestsellers: March 1, 2021

Sarah J. Maas has the #1 book in the country with ‘A Court of Silver Flames,’ fifth in the series she began with ‘A Court of Thorns and Roses.’ Plus ‘The Sum of Us’ by Heather McGhee, which PW called an “astute and persuasive debut,” is #6 in the country, and ‘Priestdaddy’ memoirist Patricia... Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #hardcover fiction

Turner Publishing Buys Prospect Park Books

Turner Publishing Company has acquired Los Angeles-based Prospect Park Books. The purchase adds more than 100 titles to Turner's backlist. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-01 05:00:00 UTC ]
More news stories like this |

This Week's Bestsellers: February 1, 2021

Titles related to the new administration, and especially the historic election of Vice President Kamala Harris, made strong showings on our lists. Plus new releases include ‘Winterkeep,’ Kristin Cashore’s long-awaited return to the Graceling Realm. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-29 05:00:00 UTC ]
More news stories like this | News stories tagged with: #long-awaited return

Wiley Buys Open Access Publisher for $298 Million

John Wiley has expanded its presence in the open access field with the acquisition of Hindawi, a London-based scientific research publisher of more than 200 peer-reviewed scientific, technical, and medical journals. Wiley paid $298 million for Hindawi, which had 2020 revenue of $40 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-06 05:00:00 UTC ]
More news stories like this | News stories tagged with: #john wiley #$40 million