and more.
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Wholesaler American West Books Acquired
The Calif.-based company, which is the exclusive wholesaler to Whole Foods, was acquired by industry veteran Christopher Robbins.
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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.
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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.
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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.
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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.
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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.
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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.
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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."
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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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Penguin Random House Acquires Obama Books
Penguin Random House has won world rights, at auction, to books by former President Barack Obama and former First Lady Michelle Obama in a sum rumored to be as high as $60 million.
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