and more.
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Princeton UP Acquires Island Press
Beginning in January, the Washington, D.C.–based not-for-profit publisher, which focuses on books about sustainability and the environment, will become an imprint of Princeton University Press.
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Stable Book Group, Open Road Ink E-book Agreement
Under the deal, all of Stable’s e-book titles will automatically become part of Open Road’s Ignition program, which creates marketing campaigns for e-books.
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Andrews McMeel Acquires Quirk Books
Effective October 1, Andrews McMeel Publishing has taken over publishing all Quirk backlist and frontlist titles. The Philadelphia-based publisher will become an imprint of AMP, headed by Quirk founder Dave Borgenicht.
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ReaderLink, B&T Call Off Deal
In a joint statement issued Friday afternoon, ReaderLink and Baker & Taylor announced they have “mutually” agreed to terminate ReaderLink’s proposed acquisition of the troubled library wholesaler.
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Private Equity Firm Acquires Two Leading Hybrid Publishers
Greenleaf Book Group and Amplify Publishing Group, two of the country’s oldest and best-known hybrid publishing companies, have been acquired by Civica Media, a new publisher formed by private equity firm BlackBern Partners.
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Publishers Warily Await Completion of ReaderLink-B&T Deal
While relieved that the library wholesaler will remain in business, many publishers and other suppliers have voiced concerns about not being paid in full for what they are owed by Baker & Taylor.
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Disney, Webtoon Strike Deal for New Digital Platform
Under the tentative agreement, Webtoon will develop a digital comics platform featuring some 35,000 works produced by Disney, including Marvel and Star Wars titles. As part of the deal, Disney has agreed to buy a 2% stake in Webtoon.
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ReaderLink Agrees to Buy Baker & Taylor
The country’s largest mass merchandiser wholesaler has agreed to purchase the country’s largest library wholesaler in a deal that is expected to be completed in about two weeks.
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Apple Sued by Authors for Copyright Infringement
On Friday, authors Grady Hendrix and Jennifer Roberson filed a proposed class action lawsuit against Apple accusing the company of illegally using their books to train its AI.
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Forefront, Histria Launch Unified Publishing Group
The two U.S. indie publishers have joined to take a majority stake in the U.K.-based Unicorn Publishing Group, which is the third member of the recently formed United Publishing Group. Forefront CEO Jonathan Merkh will head the new company.
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