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U.K. PR Company Midas Opens U.S. Office
London-based communications and PR agency Midas has opened a U.S. office and hired Katharine Myers, most recently senior director of publicity at Little, Brown, to serve as deputy managing director in the U.S.
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Andrews McMeel Buys Becca Anderson Titles from Mango
Among the 10 titles acquired in the deal was 'Badass Affirmations,' which has sold more than 350,000 copies since its publication in 2018. Andrew McMeel hopes to publish new titles by Anderson.
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Lerner Publishing Buys Sundance Newbridge
Lerner Publishing Group has acquired the supplemental literacy solutions company Sundance Newbridge Publishing from Globe Pequot Publishing. The acquisition adds about 3,600 titles to the Lerner pre-K–8 catalog.
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S&S Australia Agrees to Acquire Affirm Press
The agreement to buy the Melbourne-based independent publisher is Simon & Schuster's second overseas acquisition since it was bought by KKR late last year.
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Eurospan Finds a New Home at the Mare Nostrum Group
The academic distribution arm of bankrupt U.K. distributor of United Independent Distributors has been acquired by the publishing services provider Mare Nostrum Group.
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PEN America Union, Management Reach Tentative Agreement
The agreement, which was reached on July 10, follows 21 months of bargaining and comes less than two weeks after members of the staff union PEN America United authorized a strike.
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Vivendi Updates Plans to Spin Off Hachette in Three-Way Split
Vivendi has updated its plans to separate into three entities. One of these would be the newly named company, Louis Hachette Group, which includes Vivendi’s 63.5% majority stake in Lagardère, the parent company of Hachette Livre.
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Random House Is Buying Boom! Studios
The Random House Publishing Group has signed an agreement, expected to close later this summer, to acquire comic book and graphic novel publisher Boom! Studios. Boom! will become part of Random House Worlds.
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RBmedia Agrees to Acquire Dreamscape Media
The pending acquisition of Dreamscape will add more than 7,000 titles to RBmedia's catalog, giving the audiobook publishing giant more depth in such genres as mystery/thriller and romance.
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Booktopia Asks for More Time
A self-imposed deadline of June 28 by Booktopia to revive trading of its stock has come and gone, with the struggling Australian online retailer asking for another delay until July 19.
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Webtoon Raises Over $300 Million in Public Offering
The webcomics pioneer went public June 27 at a $21.00 per share price, the high end of its projected range, and generated total proceeds of about $315 million.
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S&S Partners with Media Company Pave Studios
Pave Studios, launched this spring and active primarily in the podcasting space, has formed a book publishing arm and signed co-publishing and distribution agreements with Simon & Schuster.
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Trip Adler Looks to Build a Bridge Between Creators, AI Companies
The cofounder and former CEO of Scribd envisions Created by Humans as a plug-and-play platform that will encourage AI companies to legally license content from authors and publishers.
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Blue Star Press Steps Up
Bend, Ore.–based publisher Blue Star Press's purchase of Sasquatch Books from Penguin Random House earlier this month is the latest effort by the company's cofounder and CEO Peter Licalzi to build a mid-size independent publisher.
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Penguin Random House Will Expand Its Indiana Warehouse
The publisher has reached an agreement with officials in Crawfordsville, Ind., to expand its distribution facility in the city, and will receive $5.6 million in tax incentives to do so.
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College Community Rallies Against DOE Effort that Would Upend Inclusive Access Programs
The college instructional materials community and a number of book business organizations are in the final stages of trying to fight off a plan by the Department of Education that would make it more cumbersome for college students to take part in programs that permit them to buy instructional materials at a discount.
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Blue Star Press Buys Sasquatch Books from PRH
Bend, Ore.–based Blue Star Press has acquired Sasquatch Books from Penguin Random House, which had bought the Seattle-based publisher and distribution client in 2017.
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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.
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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.
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Indigo Shareholders Approve Sale of Canada's Largest Bookstore Chain
By large majorities, Indigo shareholders approved the sale of the Canadian bookstore chain to private equity firms controlled by Canadian billionaire Gerald Schwartz, an Indigo board member and the husband of Indigo founder and CEO Heather Reisman.
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