and more.
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Control of SAGE Publishing Moves to Trust
In a move to keep the publishing company independent, founder Sara Miller McCune has signed over her voting shares and company control to the SAGE-SMM Trust.
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Oasis Acquires Enclave Publishing, Expands into Print
Oasis Family Media, which houses Oasis Audio, is expanding into print publishing with the acquisition of Enclave Publishing—an independent press focused on Christian fiction.
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Clarivate Completes ProQuest Acquisition
London-based Clarivate has completed its $5.3 billion purchase of ProQuest in a deal that creates a powerhouse in the library and information publishing market.
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Teacher Created Materials Buys Free Spirit
Teacher Created Materials has acquired Minneapolis-based Free Spirit Publishing for an undisclosed price. The purchase involves about 300 titles, most focused on social and emotional learning for young people.
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Investment Group Led by David Steinberger Buys Open Road
A newly formed investor group led by David Steinberger has acquired Open Road Integrated Media for a purchase price reported to be between $60 million and $80 million.
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Sweden's Storytel Buys Audiobooks.com
Storytel, the international audiobook streaming company, is buying Audiobooks.com from KKR, owner of RBMedia, for an undisclosed amount. This marks the fast-growing company's entry into the English-language audiobook market.
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Spotify Expands in the Audiobook Business
Looking to accelerate its expansion into the audiobook market, the Swedish audio streaming subscription service giant Spotify has agreed to acquire Ohio-based digital audiobook distributor Findaway for an undisclosed price.
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Follett Sells Baker & Taylor to B&T CEO
The makeover of Follett Corp. continues with the announcement that it has sold Baker & Taylor to a private investment company led by Aman Kochar, B&T CEO and president.
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IPG Buys U.K Distribution Company United Independent Distributors
Independent Publishers Group has acquired U.K.-based United Independent Distributors. IPG CEO Joe Matthews called the deal a “game-changing acquisition,” and one that will make IPG one of the world’s largest book distributors for indie publishers.
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HBG Completes Purchase of Workman
The Hachette Book Group has completed its $240 million acquisition of Workman Publishing. Workman will become HBG's eighth publishing group and will be led by Dan Reynolds, who had been its CEO.
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