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RBmedia Buys GraphicAudio
GraphicAudio produces dramatized audio content, and its purchase marks RB’s entry into the audio dramatizations market.
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Full RWA Board Resigns, Special Election Announced
Yesterday, the remaining board members of the Romance Writers of America resigned and announced a special election to fill the board seats for the remainder of their terms.
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HBG Buys More Than 1,000 Disney Book Group Titles
The Hachette Book Group has acquired more than 1,000 titles published by Disney Book Group; the deal involves bestselling authors, award-winning as well as backlist and recently published books, plus a number of unpublished titles.
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Mango Publishing Acquires Yellow Pear Press
Miami indie press Mango Publishing has acquired Yellow Pear Press, which specializes in lifestyle and regional titles, as well as its Bonhomie Press imprint.
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Equity Firm Agrees to Buy OverDrive
The private equity firm KKR has signed a definitive agreement to acquire OverDrive in a deal announced on Christmas Eve.
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A Slow Year for Publishing Mergers and Acquisitions
B&N’s purchase by Elliott Adviors was the largest purchase in a quiet year for acquisitions in the book business.
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Peterson's Publishing Buys B.E.S. Publishing
Peterson’s Publishing has acquired the more than 800 titles of Barron's Educational Series Publishing. Ingram-owned Two Rivers Distribution is now handing sales and distribution for the company.
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CBS, Viacom Merger Completed
The merger of Simon & Schuster parent company CBS with Viacom was completed yesterday afternoon. The new ViacomCBS will have combined sales of about $28 billion.
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Scribd Gets $58 Million in New Financing
Scribd said the new investment will be used to support growth and product innovation as well as enhance operations.
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Quad to Sell Book Business
The company said the book group has annual sales of about $200 million.
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Vesuvian Media Group Buys Black Spot Books
Vesuvian Media Group, a books-to-film multimedia company, has acquired Black Spot Books, which has a growing list of adult and young adult titles.
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Mango Publishing Acquires Red Wheel/Weiser's Conari Press
Conari Press, an imprint of Red Wheel/Weiser founded in 1987 that focuses on categories such as spirituality and personal growth, was acquired by the Miami-based Mango Publishing in a deal that closed earlier this month.
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1517 Media Acquires Lutheran University Press
The Christian multimedia company 1517 Media whose imprints include Beaming Books, Fortress Press, and Augsburg Books, has acquired Lutheran University Press,
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Chicago Review Press Acquires Amberjack Publishing
In a deal that closed September 13, Chicago Review Press acquired Amberjack Publishing. Based in Eagle, Idaho, Amberjack has a backlist of 63 titles, including 'Girl Boner' (2017).
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CBS, Viacom Will Merge
Simon & Schuster parent company CBS will merge with Viacom in a deal expected to be completed by the end of 2019. The combined company will have $28 billion in revenue and S&S will be overseen by current Viacom CEO Bob Bakish.
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Elliott Completes Purchase of B&N
Elliott Advisors has completed its $683 million purchase of Barnes & Noble. As a result of the deal, Waterstones CEO James Daunt takes over as B&N CEO as well. Elliott now owns both Waterstones and B&N.
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Quad, LSC Call Off Merger
Quad and LSC Communications announced this morning that they have mutually agreed to call off the planned purchase of LSC by Quad following a DoJ lawsuit.
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Penguin Publishing to House Former F+W Titles
After placing the winning bid in the auction for the book assets of bankrupt F+W Media, Penguin Random House has completed the purchase of 2,000 titles and that announced the works will become part of the Penguin Publishing Group.
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DoJ Sues to Block Merger of Country's Two Biggest Printers
The Department of Justice filed a civil antitrust lawsuit Thursday in the U.S. District Court for the Northern District of Illinois seeking to block Quad’s proposed acquisition of LSC Communications.