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 ]
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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 ]
More news stories like this | News stories tagged with: #midnight sun #stephenie meyer


Chatham announces plan to buy newspaper publisher McClatchy

Hedge fund Chatham Asset Management said it plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:42:02 UTC ]
More news stories like this | News stories tagged with: #family control


Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control Continue reading at ABC News

[ ABC News | 2020-07-12 18:20:00 UTC ]
More news stories like this | News stories tagged with: #family control


Book Deals: Week of July 6, 2020

Holt takes two from activist and YA author Kimberly Jones, Thomas & Mercer buys a standalone thriller from Tess Gerritsen and Gary Braver, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #standalone thriller #tess gerritsen


OUP agrees first Read & Publish deal in China

Oxford University Press (OUP) and the National Science Library, Chinese Academy of Sciences (NSLC) have announced a new Read & Publish agreement said to be the first of its kind in mainland China.   Continue reading at The Bookseller

[ The Bookseller | 2020-05-31 23:21:25 UTC ]
More news stories like this | News stories tagged with: #mainland china #oxford university press


Book Deals: Week of June 1, 2020

Among the big acquisitions last week were a history of four women who transformed the CIA and a sequel to 'The Henna Artist', which was Reese’s Book Club pick for May. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #big acquisitions #henna artist #book club


This Week's Bestsellers: June 1, 2020

The #1 book in the country is ‘The Ballad of Songbirds and Snakes,’ Suzanne Collins’s Hunger Games prequel. Plus Curtis Sittenfeld reimagines the life of ‘Rodham,’ and Bill Gates sends Disney exec Robert Iger on a wild ride. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-29 04:00:00 UTC ]
More news stories like this | News stories tagged with: #suzanne collins #wild ride


Little Tiger to publish key worker tribute for Independent Bookshop Week

Little Tiger is to publish a picture book celebrating the work of key workers, to raise money for the NHS during Independent Bookshop week. Continue reading at The Bookseller

[ The Bookseller | 2020-05-26 01:38:15 UTC ]
More news stories like this | News stories tagged with: #key workers #raise money #picture book #independent bookshop


PW Picks: Books of the Week, June 1, 2020

This week, we highlight new books from Masha Gessen, Wayétu Moore, and Lauren K. Denton. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-25 04:00:00 UTC ]
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Bologna Children’s Book Fair Online This Week Names 2020 Best Publishers

The virtual 2020 Bologna Children's Book Fair is running through Thursday, and includes the 2020 Children's Publishers of the Year announcement. The post Bologna Children’s Book Fair Online This Week Names 2020 Best Publishers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-05 14:13:20 UTC ]
More news stories like this | News stories tagged with: #bologna children’s book fair #children's book #children’s book


4 Shout-Outs to Publishers Doing Their Part During the COVID-19 Outbreak | May 1

We continue to be inspired by all of the thoughtful acts of kindness around the publishing industry. Collectively, our industry is coming together and using our compassion and creativity to help others. To date, we have given 24 shout-outs that have no doubt made an impact on several thousands... Continue reading at Folio Magazine

[ Folio Magazine | 2020-05-01 15:53:27 UTC ]
More news stories like this | News stories tagged with: #challenging time #hearst magazines #raise money #business days #majority owner #give back


Instagram’s story: Fast growth, a $1 billion sale and Facebook’s broken pledge

Sarah Frier traces the company’s cultural impact along with its business history. Continue reading at The Washington Post

[ The Washington Post | 2020-04-30 15:32:33 UTC ]
More news stories like this | News stories tagged with: #fast growth #cultural impact


Confronting COVID-19: ‘Publishers Weekly’ President Discusses Book Industry Impact, Shares Hope

Publishers Weekly has been providing news to book businesses since 1872, weathering many world crises since then. While the coronavirus pandemic brings new challenges to the magazine and the book industry it serves, current technologies are enabling the publisher to adapt. Continue reading at Publishing Executive

[ Publishing Executive | 2020-04-09 16:57:30 UTC ]
More news stories like this | News stories tagged with: #book businesses #publishers weekly #book industry


This Week's Bestsellers: April 6, 2020

A 2014 picture book with the timely topic of patience returns Mo Willems to our list. Plus Broken Earth series author N.K. Jemisin launches a new trilogy with ‘The City We Became,’ and ‘Station Eleven’ author Emily St. John Mantel check in with ‘The Glass Hotel. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
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Book Deals: Week of April 6, 2020

Among the big books that sold this week are a memoir by actor Billy Dee Williams and Elizabeth George’s 21st Inspector Lynley mystery. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #big books #elizabeth george #memoir


Lit Hub Weekly: March 2 – 6, 2020

How J. Edgar Hoover used the power of libraries for (gasp!) evil. | Lit Hub History “Mechanical travel blunts our sense of the world.” On the reverie and detachment of the American road trip. | Lit Hub Travel On the magic sentences of Lauren Groff, creating action without verbs. | Lit... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-07 12:30:11 UTC ]
More news stories like this | News stories tagged with: #edgar hoover #lauren groff #hilary mantel #libraries


Book Deals: Week of January 6, 2020

Notable deals this week include a major acquisition for MIT Press, a first-person tale of survival on the high seas, and a YA novel that HarperTeen won at auction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-01-03 05:00:00 UTC ]
More news stories like this | News stories tagged with: #book deals #notable deals #major acquisition #mit press #high seas #ya novel


Equity Firm Agrees to Buy OverDrive

The private equity firm KKR has signed a definitive agreement to acquire OverDrive in a deal announced on Christmas Eve. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #buy overdrive #definitive agreement #deal announced #christmas eve


Despite spending billions, companies can’t buy diversity

Pamela Newkirk explores the failures — and one success — of corporate diversity initiatives. Continue reading at The Washington Post

[ The Washington Post | 2019-11-22 01:40:20 UTC ]
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This Week's Bestsellers: November 1, 2019

Ree Drummond has the #1 book in the country with ‘The Pioneer Woman Cooks: The New Frontier,’ one of three high-profile cookbook releases. Plus Brent Weeks closes out his epic fantasy series Lightbringer, and Instagram-popular artist Charlie Mackesy publishes his first fable. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-01 04:00:00 UTC ]
More news stories like this | News stories tagged with: #ree drummond #cookbook