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Adaptive Studios Acquires the Zane Grey Literary Estate
The studio has acquired the estate of classic western novelist Zane Grey, with plans to revive the novelist's works and brand by developing film, TV, and publishing projects for a new generation.
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IPG Acquires ISBS
Independent Publishers Group (IPG) has acquired the academic book distributor International Specialized Book Services (ISBS).
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LSC Buys TriLiteral; Turner Purchases Gürze Books
In two separate niche deals, LSC Communications bought the university press distributor TriLiteral, while Turner Publishing acquired a publisher that specializes in books on eating disorders.
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Hay House Launches Business Imprint
Hay House has announced the launch of a new imprint, Hay House Business, a dedicated business imprint. Patricia Gift, publisher and v-p of Hay House, will oversee the imprint, which will release its first book in January 2019.
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HC Buys AMACOM Books
HarperCollins has acquired the imprint, a division of the American Management Association International, which has a backlist of approximately 600 business and professional titles.
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Johnson Out as Bonnier Publishing CEO, Interim Named
Richard Johnson is stepping down as group CEO of U.K.-based Bonnier Publishing (a subsidiary of Sweden’s Bonnier Books) after nearly nine years in the role. Jim Zetterlund, currently COO and CFO of Bonnier Books, has been named acting CEO.
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SparkPoint Acquires Shebooks
Shebooks, which has released 75 e-book titles to date, will become the e-book only option for SparkPoint's She Writes Press imprint.
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Translation Database Now Hosted by 'PW'
The Translation Database, founded in 2008 by Chad Post and featuring details on over 6,000 works in translation, will now be hosted on the 'Publishers Weekly' website.
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PRH Buys Rodale Books Assets
Following Hearst's purchase of Rodale Inc. last week, the company quickly turned around and sold Rodale Books' more than 2,100 titles to Penguin Random House.
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B&N Dismisses Takeover Proposal
Barnes & Noble issued a statement Thursday afternoon saying it does not consider a proposal by Sandell Asset Management, to take the retailer private, a "bona fide" offer.
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Kickstarter Adds Subscription Fundraising Function
Looking to add a new fundraising facet to its crowdfunding platform, Kickstarter is launching Drip, a subscription service that will allow fans to provide recurring financial support directly to their favorite creators.
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Quality Books Files for Bankruptcy
The Illinois book distributor to schools and libraries has sent a letter to creditors saying it can no longer meet its financial obligations and is in the process of liquidating its assets.
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Red Wheel Buys Career Press, Hires Peter Turner
In moves that add scale and diversify its business, Red Wheel/Weiser has acquired Career Press and hired former Shambhala Publications publisher Peter Turner as associate publisher.
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Hearst Buys Rodale
Hearst's purchase of Rodale comes about four months after the publisher put itself up for sale. While little has been shared how Rodale will be integrated into Hearst, it was stated that deal is set to close by early 2018.
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Penguin Random House Buys Sasquatch Books
The Seattle-based house, which was named one of PW’s fast-growing independent publishers of 2016, was bought by Penguin Random House for an undisclosed sum.
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Webcrafters Sold to CJK Group
Webcrafters, one of the country's oldest printers, is to be acquired by the CJK Group, the holding company for a host of printing companies.
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B&T Forms Distribution Group, Tapping Mark Suchomel to Lead It
Baker & Taylor Publishers Services will offer distribution and other functions to children’s, trade, K‐12, higher education and academic publishers. To help lead the unit, B&T has hired distribution veteran Mark Suchomel as senior v-p of sales & client services.
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Abrams Parent Company in Merger Talks
La Martinière Groupe, the French parent company of Abrams, is in discussions to merge with fellow French publisher Média‐Participations. The two companies said that they expect to come to an agreement "in the coming months."
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Carolina Wren Press Acquires John F. Blair
Durham, N.C.-based Carolina Wren Press is acquiring the trademarks and backlist of Winston-Salem-based publisher John F. Blair. The combined company will function as a non-profit publisher and will be renamed Blair.