Browse archive by date:
  • B&N Dismisses Takeover Proposal

    Barnes & Noble issued a statement Thursday afternoon saying it does not consider a proposal by Sandell Asset Management, to take the retailer private, a "bona fide" offer.

  • Kickstarter Adds Subscription Fundraising Function

    Looking to add a new fundraising facet to its crowdfunding platform, Kickstarter is launching Drip, a subscription service that will allow fans to provide recurring financial support directly to their favorite creators.

  • Quality Books Files for Bankruptcy

    The Illinois book distributor to schools and libraries has sent a letter to creditors saying it can no longer meet its financial obligations and is in the process of liquidating its assets.

  • Red Wheel Buys Career Press, Hires Peter Turner

    In moves that add scale and diversify its business, Red Wheel/Weiser has acquired Career Press and hired former Shambhala Publications publisher Peter Turner as associate publisher.

  • Hearst Buys Rodale

    Hearst's purchase of Rodale comes about four months after the publisher put itself up for sale. While little has been shared how Rodale will be integrated into Hearst, it was stated that deal is set to close by early 2018.

  • Penguin Random House Buys Sasquatch Books

    The Seattle-based house, which was named one of PW’s fast-growing independent publishers of 2016, was bought by Penguin Random House for an undisclosed sum.

  • Webcrafters Sold to CJK Group

    Webcrafters, one of the country's oldest printers, is to be acquired by the CJK Group, the holding company for a host of printing companies.

  • B&T Forms Distribution Group, Tapping Mark Suchomel to Lead It

    Baker & Taylor Publishers Services will offer distribution and other functions to children’s, trade, K‐12, higher education and academic publishers. To help lead the unit, B&T has hired distribution veteran Mark Suchomel as senior v-p of sales & client services.

  • Abrams Parent Company in Merger Talks

    La Martinière Groupe, the French parent company of Abrams, is in discussions to merge with fellow French publisher Média‐Participations. The two companies said that they expect to come to an agreement "in the coming months."

  • Quarto Acquisition Talks Off

    A week after it revealed that it had received an unsolicited takeover offer, the Quarto Group announced this morning that its discussions with the potential buyer have ended.

  • B&N Education Buys Student Brands for $58.5 Million

    Barnes & Noble Education has acquired Student Brands, a direct-to-student subscription-based writing skills service, for $58.5 million.

  • Wholesaler American West Books Acquired

    The Calif.-based company, which is the exclusive wholesaler to Whole Foods, was acquired by industry veteran Christopher Robbins.

  • Bertelsmann Ups PRH Stake to 75%

    Bertelsmann has agreed to buy a 22% stake in Penguin Random House that will generate about $1 billion for Pearson, which will still have a 25% stake in the trade publishing giant.

  • PRH Completes Purchase of Ediciones B

    The purchase, which was announced in April, will boost Penguin Random House Grupo Editorial’s position in Spanish-language trade-book publishing markets throughout the world.

  • Ingram Buys NBN's International Divsion

    Ingram Publisher Services has acquired NBNi, the U.K.-based arm of the U.S. distributor National Book Network.

  • Pubnet, PubEasy Sold to German Company

    Effective July 1, MVB Marketing, a subsidiary of Börsenverein, the German Publisher and Bookseller Association, will take over ownership of Pubnet and PubEasy. Ted Hill has been named general manager.

  • Rutgers and Bucknell Strike University Press Pact

    The university presses have reached a partnership agreement through which Rutgers will do all of the production, marketing, and sales for Bucknell titles.

  • Quarto to Sell Regent Publishing Services

    Quarto's sale of the Hong Kong-based publishing services business will allow it to focus on expanding its global illustrated book operations.

  • Trump Budget Calls for Eliminating the NEA, NEH

    President Trump's budget proposal for fiscal 2018 calls for completely eliminating funding for the NEA and NEH as well as a number of other domestic programs. The LitNet arts coalition called the NEA proposal "an assault on free expression."

  • Hachette U.K. Acquires Bookouture

    Bookouture, the U.K.-based digital publishing company that had a number of titles hit high on Amazon's Kindle e-books bestselller list in 2016, has been acquired by Hachette U.K.

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