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  • Book Biz Saw Little M&A in 2020, with Some Big Exceptions

    Economic uncertainty limited merger and acquisition activity in the book business last year, but there were still a number of significant transactions, including Penguin Random House's planned purchase of Simon & Schuster

  • Pop Culture Veterans Launch Endpaper Entertainment

    Endpaper Entertainment is a new content development company focused on producing original stories in a variety of media, formats and genres and is being led by Rich Johnson and Syndee Barwick.

  • 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.

  • Atlas Completes Purchase of America's Largest Book Printer

    The private equity firm Atlas Holdings has completed its purchase of LSC Communications, the country's largest book printer, which filed for bankruptcy in April.

  • Bertelsmann to Buy S&S for $2.2 Billion

    Penguin Random House has agreed to acquire Simon & Schuster for $2.175 billion. The deal, which is expected to be completed next year, will combine the country's largest and third largest trade publishers.

  • Deep Vellum Acquires Dalkey Archive

    Deep Vellum Publishing is acquiring the assets of Dalkey Archive Press and will maintain the company as a distinct imprint, publishing new titles as well as maintaining the press's backlist.

  • News Corp CEO Sees Antitrust Concerns in PRH Buy of S&S

    Robert Thomson, CEO of HarperCollins parent company News Corp, said during the company's annual meeting that a purchase of Simon & Schuster by Penguin Random House "will clearly be a serious antitrust issue."

  • 'NYT' Says HC, PRH Top Contenders to Buy S&S

    Saying that private equity firms had dropped out of the bidding, the 'New York Times' reported this morning that the country's first and second largest trade publishers—Penguin Random House and HarperCollins, respectively—were now the favorites to acquire Simon & Schuster, the country's third largest trade publisher.

  • Chronicle Buys Game Brands from Wild + Wolf

    Chronicle Books has acquired three toy and game brands from Wild + Wolf, a Bath, England–based gift specialist. The deal adds some 350 products to Chronicle's gift and game offerings.

  • Bertelsmann Buys Quad's Book Printing Plants

    In a deal that closed on October 31, Bertelsmann Printing Group USA’s Berryville Graphics division acquired Quad’s book printing plants in Fairfield, Pa., and Martinsburg, W.Va.

  • B&T Returns to the Academic Library Market

    Five years after it left the academic library market, Baker & Taylor has returned. The move, however, does not mean the wholesaler has any plans to get back into the retail market.

  • Molly Stern Launches Zando

    Former Crown publisher Molly Stern has returned to book publishing as the founder of Zando, an independent publisher that will develop its own list as well as partner with “influential people, platforms and institutions to acquire and publish new titles under their own imprints."

  • PW Talks to Walter Mosley

    Walter Mosley was given a Lifetime Achievement Award at this year's Bouchercon 2020. In an interview with 'PW,' Mosley touched on topics ranging from his career to the progress mystery organizations have made in addressing diversity concerns.

  • Fox News Is Launching a Book Line

    Fox News has created Fox News Books and signed a three-book deal with HarperCollins, whose Broadside Books will oversee the imprint.

  • Rittenhouse Distributors Sold

    The King of Prussia, Pa.–based health and medical content distributor was bought by private investors Kevin Ream and Jeff Villwock.

  • Qataris Enter Fight Over Lagardère’s Board

    The three major shareholders of the parent company of Hachette Book Group—Vivendi, Amber Capital, and Qatar Capital—are now aligned in a push to control four of the nine seats on the company board.

  • Foundry's Co-Owners Launching New Companies

    The co-founders of Foundry Literary + Media are launching new ventures. Yfat Reiss Gendell and Peter McGuigan, who started the full service firm 13 years ago, are amicably parting ways to create their own agencies: YRG Partners and Ultra Literary.

  • Private Equity Firm Agrees to Buy LSC

    The private equity firm Atlas Holdings, with the support of a creditor group, has agreed to acquire LSC Communications in a deal that is expected to close before the end of the year.

  • Hachette UK Buys Laurence King Publishing

    Laurence King Publishing, the original publisher of adult coloring book queen Johanna Basford, has been acquired by fellow U.K.-based publisher Hachette UK in a deal signed August 31.

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