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Match Makers: How the Fisher Company Serves the Publishing M&A Market
Looking to acquire or sell a business in the publishing space? The Fisher Company can help. (Sponsored)
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Six Publishers Form the Stable Book Group
Chris Gruener and Keith Riegert have launched Stable Book Group. The company brings together four extant independent publishers—She Writes Press, Trafalgar Square Books, Ulysses Press, and VeloPress—with the newly established Galpón Press and Mountain Gazette Books.
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Bowker Rejoins ISNI Global Identification Effort
The ISBN services company has rejoined the ISNI International Agency, which provides tools meant to ensure accurate attribution for authors’ and other creatives’ works across the supply chain.
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Bloomsbury UK Reaches Last-Minute Contract Agreement With Amazon
As of 10.30 p.m. GMT on January 23, Amazon and Bloomsbury reached an agreement in principle on a new contract following a threat by the e-tail giant to no longer sell Bloomsbury UK's titles in its online stores in select markets should the two parties fail to reach a deal by midnight on Jan. 24.
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Bertelsmann Strikes 'Strategic Collaboration' with OpenAI
Penguin Random House's parent company hopes to improve operating efficiencies and find new ways to create and distribute content through the agreement.
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Penguin Random House Australia Acquires Text Publishing
Penguin Random House Australia has acquired Text Publishing. A major Australian publishing house, Text's roster includes numerous prize winners and bold-faced names. The company will retain its editorial autonomy as part of PRHA.
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Government Charges Three People in Publishing Scam
A grand jury in San Diego has charged three people involved with PageTurner Press and Media in a publishing scam that the government contends defrauded elderly authors across the U.S. of almost $44 million.
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HarperCollins Holland Acquires Gottmer's Lifestyle Imprints
HarperCollins Holland has agreed to acquire four lifestyle imprints from Gottmer Uitgevers Groep, including Becht (cookbooks and eco-friendly lifestyle), Altamira (mind, body, and spirit), Dominicus (travel guides), and Hollandia (water sports).
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Proposed Change to Inclusive Access Program Dies
The Department of Education has officially ended plans to change eligibility rules that could have undermined the viability of Inclusive Access programs, which allow college students to pay for educational materials at below market rates.
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Deep Vellum Acquires U.K. Translation Publisher Fum d'Estampa
Dallas-based Deep Vellum Publishing has acquired Fum d'Estampa Press, a British small press founded in 2020 that has published 30 translated works from Catalan, Spanish, French, and Norwegian.
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Book Publishing M&A in 2024: An Active, but Not Seismic, Year for Deals
Though there were no billion-dollar deals along the lines of private equity firm KKR’s 2023 sale of RBmedia and purchase of Simon & Schuster, the year did produce a number of notable acquisitions that indicate a few developing trends.
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Crown Publishing Group Acquires Compendium
The Crown Publishing Grouphas acquired Compendium, the publisher of illustrated books, journals, and notecards.
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Canada's Valsoft Acquires Edelweiss, Expanding Role in Publishing
Montreal-based software company Valsoft Corporation has acquired Above the Treeline, Inc., developer of Edelweiss, the digital workflow platform for booksellers and publishers. The move follows Valsoft's majority stake purchase in publishing software Klopotek in August 2023.
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Hachette Acquires Union Square & Co. from Barnes & Noble
Barnes & Noble acquired Sterling Publishing Co. in 2003, and rebranded it as Union Square in January 2022, at the direction of B&N CEO James Daunt. Emily Meehan will continue to head Union Square, which will become part of HBG's Grand Central Publishing Group.
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Wiley Creates AI Partnership Program
Under Wiley AI Partnerships, the company will work with start-ups and scale-ups to develop AI tools that will help researchers use AI responsibly and effectively in their work.
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Mackin Educational Resources Buys Booksource
In a major deal in the educational wholesaling business, Mackin Educational Resources has acquired Booksource.
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Perfect Bound Buys PubMatch
The purchase of the global rights and licensing marketplace by Perfect Bound, which launched an online printing service last year, reflects founder Keith Riegert’s goal to help independent publishers streamline their services while boosting revenue.
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U.K. PR Company Midas Opens U.S. Office
London-based communications and PR agency Midas has opened a U.S. office and hired Katharine Myers, most recently senior director of publicity at Little, Brown, to serve as deputy managing director in the U.S.
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Andrews McMeel Buys Becca Anderson Titles from Mango
Among the 10 titles acquired in the deal was 'Badass Affirmations,' which has sold more than 350,000 copies since its publication in 2018. Andrew McMeel hopes to publish new titles by Anderson.
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Lerner Publishing Buys Sundance Newbridge
Lerner Publishing Group has acquired the supplemental literacy solutions company Sundance Newbridge Publishing from Globe Pequot Publishing. The acquisition adds about 3,600 titles to the Lerner pre-K–8 catalog.
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