Mergers & Acquisitions

Press Release: Fodor’s Travel to Be Acquired by Internet Brands from Penguin Random House
June 22, 2016 at 2:29 pm

LOS ANGELES and NEW YORK — June 21, 2016 — Penguin Random House, the world’s largest trade-book publisher, has reached an agreement to sell Fodor’s, the preeminent travel-content brand, to Internet Brands, a leading Los Angeles-based online media and technology company, whose well-known travel websites such as and attract 30 million monthly visitors.…

Ebook Subscription Service Storytel Buys Swedish Publisher
June 22, 2016 at 2:20 pm

Subscription audiobook and ebook streaming service Storytel has bought Sweden’s oldest publisher, Norstedts Förlagsgrupp, for £12.5m from Swedish co-operative union and retail group KF (Kooperativa Förbundet). The acquisition is the latest in a number of deals for Storytel in the company's bid to “speed up growth". Last month, it bought Danish ebook and audio streaming service Mofibo for £10m, and it also acquired Swedish publishers…

ProQuest Acquires Alexander Street
June 22, 2016 at 1:00 am

Alexander Street president Stephen Rhind-Tutt will stay on board, reporting to ProQuest Information Solutions’ general manager and senior v-p Rafael Sidi.

Hachette U.K. Buys Mobile Game Company Neon Play & Will Create Stand-Alone Mobile Business
June 17, 2016 at 2:13 pm

Hachette has bought mobile games development studios Neon Play in a “substantial” acquisition. Hachette c.e.o. Tim Hely Hutchinson has said the acquisition “could be one of several” for the company in the app space. Neon Play was founded by co-owners Oli Christie and Mark Allen in Cirencester in 2010 and to date has created over 30 games, including Paper…

Is the Proposed Merger of IDPF and W3C Good for Publishers?
June 14, 2016 at 11:06 am

Last week, as an activity during the SSP conference, I participated in the Arizona State University Book Sprint to develop a text on the future of scholarly publishing. My contribution to the book sprint was fine. It wasn’t great. It was probably as much as one can expect from 35 minutes of trying to get…

Press Release: Macmillan Acquires Pronoun, Formerly Vook
May 26, 2016 at 10:00 am

New York, NY – May 25, 2016 – Macmillan Publishers announces the acquisition of Pronoun, Inc., a New York City–based technology company that provides digital book publishing tools, analytics, and services for authors and media companies. Pronoun’s author-focused platform encompasses automated digital book creation, distribution to major digital retailers, data-driven marketing tools, and a connected…

W3C and IDPF: Better Together?
May 18, 2016 at 12:51 pm

I am both an insider and an outsider. I now work for the “big five” trade publisher Hachette, but I started working with ebooks fifteen years ago, and have made thousands over the years. Of course, there were things about EPUB that were maddening, but that’s just the way it was. I vaguely knew that…

Elsevier Acquires Online Community SSRN
May 17, 2016 at 2:13 pm

STM publisher Elsevier has acquired the largest repository and community for social science and humanities researchers in the world, SSRN, to accelerate its social strategy and scale the network up for the benefit of "the entire scientific ecosystem". Elsevier has not disclosed how much it paid for American research preprint repository and online community SSRN, but revealed it will…

IDPF’s (Last?) Conference at BEA: Tension Around W3C Merger
May 12, 2016 at 2:12 pm

On Tuesday (May 10), roughly 350 attendees gathered for the annual pre-BEA conference produced by the International Digital Publishing Forum (IDPF). #IDPFDigiCon, as it’s hashtagged, isn’t to be confused with that “con” of a different demeanor, BookCon — the boisterous, mostly-YA consumer-facing entertainment event from Lance Fensterman’s ReedPOP on Saturday, featuring Veronica Roth and others.…

Pearson Finds Language Gap with Unit Sale
April 28, 2016 at 12:49 pm

The FTSE-100 education and publishing group Pearson is hoisting a "for sale" sign over a division it bought less than four years ago as it wrestles with growing pressure on global sales. Sky News understands that Pearson is exploring a disposal of GlobalEnglish Corp, which uses cloud software to teach English to employees of multinational…