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News of Publishing Industry Mergers and Acquisitions

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Scholastic’s Acquisition of Canada’s 9 Story Media Group

In News by Porter AndersonMarch 18, 2024

Scholastic’s Peter Warwick says the acquisition of Toronto’s 9 Story Media Group will bring ‘the pages of our books to life on screens and through merchandising.’

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Nielsen-GfK’s Pre-LBF ‘Global Book Market’ Report

In Feature Articles by Porter AndersonMarch 7, 2024

The first outing for this Nielsen BookData-GfK study sees revenue up in many book markets, but rising prices contributing to that 2023 trend.

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Independent Publishers: Finland’s Siltala Acquires Teos

In News by Porter AndersonFebruary 28, 2024

Both ‘known for their ambitious, literary publishing lists,’ Siltala and Teos are forming new independent heavyweight in Finnish publishing.

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Marcus Leaver at Gemini Books Appoints Caulfield, Greenwood, Munnings

In News by Porter AndersonFebruary 27, 2024

The newly created Gemini Books Group precedes its first London Book Fair stand with three executive appointments.

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Germany’s Bookwire Acquires Italy’s Bookrepublic Distribution

In News by Porter AndersonFebruary 1, 2024

German digital book distributor Bookwire enters the Italian market by acquiring distribution services from Bookrepublic.

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Penguin Random House Acquires Self-Help Publisher Hay House

In News by Porter AndersonDecember 12, 2023

Hay House, founded by the late Louise Hay and acquired by Penguin Random House, has offices in Australia, India, the States, and UK.

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In the UK: Marcus Leaver Announces Gemini Books Group

In News by Porter AndersonDecember 4, 2023

The former chief of Quarto and Welbeck, Marcus Leaver announces the formation of a new publisher, the Gemini Books Group.

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Canada’s Wattpad Updates Its Paid Program: ‘Originals’

In Feature Articles by Porter AndersonOctober 4, 2023

Wattpad opens a program it says will do away with ‘a difficult choice for authors’ and offers ways writers can earn money on the platform.

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Canada: Valsoft’s Aspire Software Division Acquires Germany’s Klopotek

In News by Porter AndersonAugust 9, 2023

The publishing-software company Klopotek has been acquired by Québec’s Valsoft, Nella Klopotek now representing the family in management.

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KKR Agrees To Buy Simon & Schuster for $1.62 Billion

In News by Porter AndersonAugust 7, 2023

The acquisition of Simon & Schuster by KKR, Jonathan Karp says, is enhanced by KKR’s interest in company growth and employee equity.

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