Mergers & Acquisitions
Under an agreement set to close April 30, HarperCollins will buy Egmont Books UK, Egmont’s book business in Poland, and the German unit Schneiderbuch. All three focus on the children's market.
Using some or all of the clauses in the model contract, the Authors Guild said, will help ensure that writers receive the rights granted them under current U.S. copyright and contract law.
Yesterday, the remaining board members of the Romance Writers of America resigned and announced a special election to fill the board seats for the remainder of their terms.
The Hachette Book Group has acquired more than 1,000 titles published by Disney Book Group; the deal involves bestselling authors, award-winning as well as backlist and recently published books, plus a number of unpublished titles.
B&N’s purchase by Elliott Adviors was the largest purchase in a quiet year for acquisitions in the book business.