-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Whitaker House Acquires Million Praying Moms
The 50-year-old Christian publishing ministry arm of the Whitaker Corporation currently partners with Million Praying Moms on its Everyday Prayers book line.
-
Sarah Smith Takes Ownership of David Black Literary Agency
Sarah Smith, who is beginning her 14th year with the Brooklyn-based literary agency, has acquired the firm from founder David Black, who will remain fully engaged with the agency but said the time was right “to create a path forward.”
-
Everand Acquires Online Book Club Platform Fable
Everand, the online e-book and audiobook subscription service and subsidiary of Scribd, has acquired the social reading and book club app Fable, which has three million users and hosts more than 100,000 book clubs.
-
Likewise Gets New Owners, Targets Book Discovery Market
Entertainment discovery platform Likewise has been acquired by Watchlist Inc., with Josh Epstein, formerly chief business officer at Likewise, named CEO. The company has several book promotion e-newsletters and is looking to expand its offerings.
-
PRH Buys U.K.-Based Wonderbly
The Penguin Random House acquisition machine continues to roll on, with the world’s largest trade publishing announcing it has bought one of the U.K.’s fastest-growing independent publishers, Wonderbly, which has used a direct-to-consumer business model to sell more than 11 million books in 140 countries.
-
Globe Pequot Makes Third Acquisition this Year
In its second acquisition in two weeks and third this year, the Globe Pequot Publishing Group has acquired Bower House, an independent book publisher based in Denver.
-
Diamond Comic Distributors to Be Sold to Universal, Ad Populum
Diamond Comic Distributors has received court approval to go ahead with the sales of its assets to Universal Distributors and Ad Populum, which filed a joint bid for the bankrupt company. An attempt by rival bidder Alliance to delay the deal failed.
-
S&S Inks Joint Venture with Urano World Publishing
The deal teams Simon & Schuster’s bilingual imprint, Primero Sueño Press, with one of the biggest independent publishers in Spain and Latin America across several initiatives.
-
More Headaches for Diamond Comic Distributors
In three separate filings, a U.S. trustee moved to convert Diamond’s Chapter 11 bankruptcy case into a Chapter 7, which could liquidate its assets; Diamond once again requested a sale to Universal and Ad Populum, with a twist; and Alliance filed a new lawsuit charging that Diamond inflated the value of its business.
-
Alliance Calls Off Diamond Comic Distributors Deal
In yet another twist in the Diamond Comic bankruptcy proceedings, Alliance Entertainment terminated its agreement to purchase the company’s assets the day before an April 25 court hearing. Diamond owners promised to announce a new deal “very shortly.”
-
Globe Pequot to Buy Square One Publishers
In its second purchase this year, Jed Lyons’s Globe Pequot Publishing Group has agreed to acquire the nonfiction indie publisher Square One Publishers, which was founded by Rudy Shur in 1999.
Browse archive by date:
