Mergers & Acquisitions
Hybrid publisher Wonderwell has shut down its publishing operations, and on February 1 will launch a new imprint, Wonderwell Press, as part of the Greenleaf Book Group.
Audiobook publisher RBmedia has acquired Berrett-Koehler’s audiobook publishing business, including its backlist, and will publish audiobook editions of new Berrett-Koehler titles under its business audiobook brand, Ascent Audio, beginning this year.
Elton John will publish ‘Farewell Yellow Brick Road: Memories of My Life on Tour,’ with Disney Publishing Worldwide imprint Hyperion Avenue, on September 24.
Jean V. Naggar Literary Agency has acquired cookbook-focused literary agency the Ekus Group, which will operate as a boutique culinary division. Owner Sally Ekus will head up representation of cookbook and lifestyle titles as senior literary agent.
Pursuing its strategy of seeking to further leverage IP, China Literature, China's dominant online publishing and e-book company, has bought Tencent Animation and Comics for 600 million yuan (US$83.6 million).
Penguin Random House has acquired the self-help and health and wellness publisher, which puts out roughly 100 books a year and boasts a 1,500-title backlist. CEO Reid Tracy will continue to lead the house. Terms of the transaction were not disclosed.