Mergers & Acquisitions

Gendell Files Counterclaim Against McGuigan in Foundry Dispute
April 7, 2021

The drama surrounding Foundry Literary + Media does not look to be ending anytime soon. The acrimonious split of the firm's former co-founders, which saw one principal file suit against the other in January, has now resulted in a legal response.

Authors Guild Asks Members to Support PRO Act
April 1, 2021

The Authors Guild is asking its membership and allies in the publishing industry to contact their senators to express support for the PRO Act, which would extend more collective bargaining power to freelance writers and authors.

HarperCollins to Acquire HMH Trade
March 29, 2021

The second largest trade publisher in the U.S. will buy Houghton Mifflin Harcourt Books & Media, generally considered the sixth largest, for $349 million.

BookClub Venture Prepares for Spring Launch
March 25, 2021

Scheduled to launch sometime in the spring, BookClub is a virtual book club platform driven by author-led book discussions and designed for mobile devices.

RBMedia Acquires Spain's Booka
February 10, 2021 at 11:00 pm

Audiobook company RBmedia has acquired Booka, a Barcelona-based audiobook publishing company, and its full catalog of Spanish language titles.

Japan's Media Do Buys Firebrand
February 1, 2021 at 11:00 pm

Firebrand Technologies has been acquired by Media Do International, the U.S. subsidiary of Tokyo-based Media Do Ltd., a major e-book distributor. Firebrand founder Fran Toolan will remain CEO for at least the next three years.

Turner Publishing Buys Prospect Park Books
January 31, 2021 at 11:00 pm

Turner Publishing Company has acquired Los Angeles-based Prospect Park Books. The purchase adds more than 100 titles to Turner's backlist.

Authors Guild Asks DoJ to Stop PRH Purchase of S&S
January 28, 2021 at 11:00 pm

The Authors Guild, along with five other writers’ groups and the nonprofit Open Markets Institute, has sent a letter to the Department of Justice asking the government to block Penguin Random House’s pending acquisition of Simon & Schuster.

Book Biz Saw Little M&A in 2020, with Some Big Exceptions
January 14, 2021 at 11:00 pm

Economic uncertainty limited merger and acquisition activity in the book business last year, but there were still a number of significant transactions, including Penguin Random House's planned purchase of Simon & Schuster.

Pop Culture Veterans Launch Endpaper Entertainment
January 14, 2021 at 11:00 pm

Endpaper Entertainment is a new content development company focused on producing original stories in a variety of media, formats and genres and is being led by Rich Johnson and Syndee Barwick.