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Simon & Schuster Creates Self-Publishing Unit, Archway Publishing
Through a partnership with Author Solutions Inc., Simon & Schuster has formed Archway Publishing, a unit that will offer self-publishing services in fiction, nonfiction, business and children’s categories.
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McGraw-Hill Education to be Acquired by Private Equity Firm Apollo
After a year-long process, McGraw-Hill Cos. has agreed to sell McGraw-Hill Education to the private equity group Apollo Global Management for $2.5 billion.
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Audible Strikes Deals with Diversion, AP Watt
Audible Inc. has struck deal a with Diversion Books to release a majority of the e-book house’s titles in audio format, while Audible UK has signed a new agreement with U.K. literary agency AP Watt to produce audio editions of backlist titles of seven major authors.
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Laserwords Buys Tighe Publishing Services
SPi Global, through its subsidiary Laserwords, has acquired Tighe Publishing Services, an educational development house for the K-12 market.
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HMH Trade Buys Cookbooks, Reference Titles from Wiley
Houghton Mifflin Harcourt’s trade & reference division has acquired John Wiley’s culinary portfolio plus reference works published under the Webster’s New World Dictionary and CliffsNotes brands. The acquisition will add about 1,500 titles to HMH.
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Bertelsmann Takes Full Ownership of Random House Mondadori
A week after announcing that it was forming a joint venture with Pearson to create Penguin Random House, Bertelsmann said this morning that it has agreed to acquire the 50% stake in the Spanish-language publisher Random House Mondadori that had been held by its Italian partner. The purchase is expected to be completed before the end of the year.
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Random House, Penguin Agree to Merge
In a deal that had been months in the making, Pearson and Bertelsmann announced Monday morning that they have signed an agreement to form a joint venture that will combine the businesses of Random House and Penguin.
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Leon Black Buys Phaidon Press
Leon Black, CEO of the private-equity firm Apollo Global Management LLC, has acquired Phaidon Press for an undisclosed price.
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Open Road Inks Audio Deal with Audible
Open Road titles will be available for purchase at Audible.com starting in December.
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John Wiley to Acquire Deltak.edu for $220 Million
John Wiley continues to diversify its business portfolio, reaching an agreement to acquire Deltak.edu, for $220 million.
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In Build-Up to Frankfurt, Handful of Titles Generate Buzz
With the Frankfurt Book Fair just over two weeks away, some in the industry are feeling that it's a bit quiet on the deal-making front.
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Permanent Press, Blackstone Audio Ink Deal
The Permanent Press and Blackstone Audio have signed a deal which will result in all 14 novels set to be released by Permanent Press in 2013, also to be released in unabridged audio editions.
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Buzzed About Novel With Tie to Bon Iver Sells In Major Deal
In one of the notable pre-Frankfurt deals, buzzed-about debut novel Shotgun Lovesongs has sold to Katie Gilligan at St. Martin's Press/Thomas Dunne, who bought U.S. and Canadian rights in a high six-figure acquisition, beating out seven other bidders.
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Maria Campbell Named Scout for Danish House, People's Press
Maria B. Campbell Associates has been retained as the literary scouting firm for Denmark publisher People's Press.
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S&S Nabs Transmedia Project From Kevin Costner
Judith Curr, at Simon & Schuster's Atria imprint, bought world rights to a serialized project by Kevin Costner called The Explorers Guild.
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S&S Signs Clive Davis Memoir
Record producer Clive Davis has sold his memoir to Simon & Schuster. Eric Simonoff at William Morris Endeavor brokered the North American rights deal, closing at auction, with S&S publisher Jonathan Karp.
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Feminist Press Lands Pussy Riot E-book
The nonprofit, indie Feminist Press will be publishing the first e-book about the Russian punk band, Pussy Riot.
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Graphic Arts Books Buys Pruett Publishing Titles
Graphic Arts Books has acquired the trade titles and publishing rights of Pruett Publishing Company of Boulder, Col. The deal includes about 50 books which Graphic Arts will publish under its WestWinds Press imprint.
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Amazon Publishing Adds Over 1,000 Dorchester Titles
Following an auction that concluded August 28, Amazon Publishing has acquired the publication contracts of over 1,000 books from Dorchester Publishing.
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Open Road to Pub British Erotica Trilogy in North America
Open Road Media is publishing the British erotic series Eighty Days in North America. The trilogy was published by Orion in the UK in early August and has, per Open Road, become a bestseller and sparked big ticket bids for translation rights.
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