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Ulysses Press Buys VeloPress
Ulysses Press has acquired VeloPress in a deal that will bring about 80 books in the health and fitness category to the indie press. Ulysses plans to continue to add books under the Velo imprint with a goal of 12 titles for 2024.
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Author Chuck Forester Donates $250K to Lambda Literary
Lambda executive director Samiya Bashir called Forester's gift "transformational," which will allow Lambda Literary to usher in a new phase of expansion.
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SPD Looks to Overhaul Operating Model via GoFundMe
Small Press Distribution executive director Kent Watson said that crowdfunding an overhaul of the nonprofit literary distributor's operating model is the best way to improve services for the roughly 400 presses it represents.
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Arcadia Publishing Acquires Applewood Books
Arcadia Publishing continues to build on its presence in the local nonfiction and regional history market with the purchase of Applewood Books, the Carlisle, Mass.–based publisher with a backlist of 2,500 titles.
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New Leaf Publishing Gets New Owners
New Leaf Publishing Group, a Green Forest, Ark .-based Christian publisher of homeschool curriculum as well as print, digital, audio books for the trade, has been acquired by a group of investors.
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PRH Among New Investors in Rebel Girls
Rebel Girls, the media company whose mission is to instill confidence in girls, raised $8 million in a new funding round, with Penguin Random House its lead investor.
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CJK Group, BR Printers Acquire Two Other Printers
The steady pace of acquisitions in the printing world continued this week with the announcements of CJK Group's purchase of McNaughton & Gunn and BR Printers' acquisition of JP Graphics.
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Small Press Distribution Launches GoFundMe to Support New Operating Model
One of the few remaining distributors specializing in distributing independent publishers has launched a GoFundMe campaign to help underwrite a plan to close a warehouse, partner with other distributors, and more.
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Regnery Publishing Buys ISI Books
As part of its effort to deepen its backlist, the Washington, D.C.–based conservative publisher has acquired the ISI Books imprint from the Intercollegiate Studies Institute, a conservative higher education nonprofit.
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Is the Sale of Simon & Schuster Heating Up?
Paramount executives have made no secret of their intention to sell Simon & Schuster following the failed sale to Penguin Random House. A new story published by Reuters confirms that Paramount is working with a financial adviser and looking to sell the publisher for between $2.0 billion and $2.5 billion.
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CJK Group Buys Allen Press
The CJK Group continues to add more printing and publishing services companies to its portfolio with its acquisition of the assets of Allen Press.
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UTA Buys Fletcher & Company
The Hollywood talent agency is further expanding its presence in book publishing with the acquisition of the independent literary agency Fletcher & Co. After buying U.K.-based agency Curtis Brown in June 2022, the acquisition will see UTA add 12 full-time staffers to its publishing division.
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Private Equity, Strategic Purchases Drove Acquisitions in 2022
While big deals dominated publishing acquisition activity in 2021—led by Clarivate buying ProQuest for $5.3 billion—acquisitions in 2022 were more a mix of private equity and niche purchases.
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Paramount CEO Says Simon & Schuster Will Be Divested
At a UBS media conference earlier this week, Bob Bakish, CEO of Simon & Schuster parent company Paramount Global, said that with the sale to Penguin Random House now dead, the company still plans to divest the publisher, though he didn’t say how or when.
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Hachette UK Buys Welbeck Publishing Group
U.K.-based Welbeck Publishing has been acquired by Hachette UK for an undisclosed price. Sales at the publisher are expected to top £25 million in 2022.
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Charlesbridge Publishing Acquires Move Books
With is acquisition of Move Books, Charlesbridge plans to launch a new middle grade imprint called Charlesbridge Moves, helmed by Move Books founder Eileen Robinson.
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Paramount Terminates PRH Bid for S&S
Penguin Random House’s attempt to acquire Simon & Schuster has officially ended. The news came in a filing by S&S parent company Paramount Global with the SEC, which said that, in accordance with the purchase agreement terms, it had terminated the deal.
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Kensington Buys Erewhon Books
Kensington Publishing has acquired Erewhon Books, an independent publisher dedicated to literary speculative fiction, science fiction, and fantasy, for an undisclosed price.
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Local Entrepreneurs Buy Rainy Day Books
Three Kansas City businessmen who also own Made in KC have acquired the 47-year-old indie bookstore. Made in KC operates 16 outlets that sell the handiwork of local artists, and while Rainy Day will operate separately from the core business, the aim is to use those other locations to drive business to the bookstore.
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Turner Buys West Margin Press
In a deal that involves more than 500 titles, Turner Publishing has acquired West Margin Press from the Ingram Content Group.
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