and more.
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With a Twist, Sale of RBmedia Completed
The private equity firm KKR has completed its sale of audiobook publisher RBmedia to investment firm H.I.G. Capital and private equity firm Francisco Partners.
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CJK Group Adds Worzalla to Its Printer Portfolio
Worzalla, one of a shrinking number of independent printers in the U.S., has been acquired by CJK Group. The purchase marks CJK's third acquisition of a printer this year.
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‘Frozen’ Podcast Marks Disney’s Foray into Audio-First Storytelling
The 12-episode first season of the podcast 'Disney "Frozen" Podcast: Forces of Nature' drops in October, and will feature four new characters. A book based on the podcast is planned for fall.
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S&S Posts Solid Second Quarter
Led by another good performance by its audiobooks division and what CEO Jon Karp called "fantastic" results in the U.K., operating income rose 14% at Simon & Schuster in the second quarter ended June 30, 2023 over the comparable period last year.
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KKR Wins S&S for $1.62 Billion
The private investment firm KKR has agreed to buy Simon & Schuster for $1.62 billion. When the purchase closes, S&S will operate under current leaders Jonathan Karp and Dennis Eulau, and KKR promised to "support new growth initiatives" for the country's third largest trade publisher.
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Deal for Simon & Schuster Said to Be Near
The private investment firm KKR, HarperCollins, and Richard Hurowitz of the investment firm Octavian & Company are all said to still be in contention to acquire the country's third largest trade publisher.
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Equity Firm Eyeing Simon & Schuster to Sell RBmedia for $1 Billion
In what is likely a record price for an audiobook publisher, KKR, the private equity firm that owns RBmedia—and a rumored contender to buy S&S—is selling the company for an alleged $1 billion.
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Turner Publishing Buys Three Imprints from Mango Publishing
In a deal completed on June 30, Turner acquired the Conari Press, Bonhomie Press, and Woo! Jr. imprints—and with them a total of 589 titles—from Mango.
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World Editions Gets a New Owner: Its Former U.S. Director
Christine Swedowsky has acquired the publisher from Libella Publishing Group in a management buyout. The World Editions offices in Amsterdam and London will close, and the publisher will be based solely in New York.
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Black Lawrence Press Acquires Nomadic Press Adult Titles
The upstate New York literary press has taken over publication of more than 100 Nomadic books in a deal that closed earlier this month.
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