and more.
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Booktopia Asks for More Time
A self-imposed deadline of June 28 by Booktopia to revive trading of its stock has come and gone, with the struggling Australian online retailer asking for another delay until July 19.
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Webtoon Raises Over $300 Million in Public Offering
The webcomics pioneer went public June 27 at a $21.00 per share price, the high end of its projected range, and generated total proceeds of about $315 million.
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S&S Partners with Media Company Pave Studios
Pave Studios, launched this spring and active primarily in the podcasting space, has formed a book publishing arm and signed co-publishing and distribution agreements with Simon & Schuster.
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Trip Adler Looks to Build a Bridge Between Creators, AI Companies
The cofounder and former CEO of Scribd envisions Created by Humans as a plug-and-play platform that will encourage AI companies to legally license content from authors and publishers.
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Blue Star Press Steps Up
Bend, Ore.–based publisher Blue Star Press's purchase of Sasquatch Books from Penguin Random House earlier this month is the latest effort by the company's cofounder and CEO Peter Licalzi to build a mid-size independent publisher.
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Penguin Random House Will Expand Its Indiana Warehouse
The publisher has reached an agreement with officials in Crawfordsville, Ind., to expand its distribution facility in the city, and will receive $5.6 million in tax incentives to do so.
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College Community Rallies Against DOE Effort that Would Upend Inclusive Access Programs
The college instructional materials community and a number of book business organizations are in the final stages of trying to fight off a plan by the Department of Education that would make it more cumbersome for college students to take part in programs that permit them to buy instructional materials at a discount.
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Blue Star Press Buys Sasquatch Books from PRH
Bend, Ore.–based Blue Star Press has acquired Sasquatch Books from Penguin Random House, which had bought the Seattle-based publisher and distribution client in 2017.
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Bloomsbury Buys Rowman & Littlefield Academic Division for $83 Million
In one bold move, the Bloomsbury accomplished two of its main goals for the year: adding to its academic holdings and expanding its presence in the U.S.
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Pushkin Press Acquires Steerforth Press and Hanover Publisher Services
Pushkin Press, the London-based publisher, has acquired New Hampshire–based narrative nonfiction publisher Steerforth Press and its sister company Hanover Publisher Services.
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