The Big 5 Publishers Sat Out Deal-Making in 2015
The biggest deals in the publishing industry in 2015 occurred outside of the trade sector. Unlike 2013, when the Random House–Penguin merger was completed, or 2014, when HarperCollins acquired Harlequin, the major trade houses did not make any major acquisitions last year. The biggest acquisitions in 2015 were in professional and educational publishing, led by the merger of the Macmillan Science and Education companies (excluding Macmillan’s U.S. higher education and trade properties) with Springer Science + Business. The merger was completed in May, with Macmillan parent company Holtzbrinck holding a 53% stake in the combined company, which was renamed Springer Nature.