Archive | Finance RSS feed for this section

Hachette Book Group Agrees to Acquire Black Dog & Leventhal

Hachette Book Group continues to add to its growing nonfiction list, following the summer's failed effort to acquire the Perseus Book Group. The company announced Thursday it has agreed to purchase illustrated book publisher Black Dog & Leventhal. The deal will close "in the next several months, subject to meeting…

Login to read more, or join Publishers Marketplace as a member

Corporate: Reviving Scribner's Magazine Online, Open Road Espanol, and Courier's Brazilian Buy

The latest consumer-facing website launched by Simon & Schuster revives an old magazine name: Scribner Magazine, inspired by (but dropping the apostrophe of) the publisher's long-ago sister publication Scribner's Magazine, which published from 1887 through 1939. The new site will act as a general-interest literary magazine featuring "contributions from Scribner…

Login to read more, or join Publishers Marketplace as a member

People, Etc.

Erin Stein will join Macmillan Children's Publishing Group as publisher of a new, yet-to-be-named new imprint on December 1, reporting to Jon Yaged. Her imprint will focus on branded publishing and new content creation, as well as acquiring original commercial fiction and picture books. Previously she was editorial director of branded, licensed, and…

Continue reading

People: Bykofsky Associates Takes Over DSM Agency List

Sheree Bykofsky Associates has taken over the list of DSM Agency, as Doris Michaels "decided to make a transition in her life, which meant finding a new home for her clients." Colleagues for a long time, they report: "Sheree and Doris realized that they ran their agencies in much the same…

Continue reading

Digital: Diversion Launches Romance eBookstore; More Kindle Unlimited; Start Buys Cleis; and More

Digital publisher Diversion Books has set up a new division "to go deeper into the romance vertical," EverAfter -- which has launched an ebookstore and reader app on iOS and Android. "Exclusively dedicated to romance ebooks," the store offers over 100,000 titles from traditional houses and self-published authors. They promise…

Login to read more, or join Publishers Marketplace as a member

Bonnier Acquires UK's Igloo Books

In the UK, Bonnier Publishing has acquired Igloo Books on undisclosed terms, adding £30 million in annual sales to create a group with £85 million in sales focused on children's books and adult fiction. The company says it will make them "one of the five largest children's publishers in the…

Login to read more, or join Publishers Marketplace as a member

Vigliano to Sell Agency to Burkle-Backed AGI

The NY Post reports that literary agency David Vigliano is selling his company to Ron Burkle's Y Entertainment Group. Vigliano Associates will be integrated with Artists Group International to form AGI Vigliano Literary, with Vigliano running the literary group. (AGI describes itself as a "live entertainment agency that books an expansive roster of musicians,…

Login to read more, or join Publishers Marketplace as a member

Lagardere Boosts Stake In Russia's Azbooka-Atticus

Hachette Livre announced that it has increased its stake in Russian publisher Azbooka-Atticus, growing their 25 percent interest to a 49 percent holding in the company.Azbooka-Atticus is Russia's third largest publisher, publishing 2,000 titles a year, with Hachette reporting annual sales of over $50 million. The company says in the announcement, "The…

Login to read more, or join Publishers Marketplace as a member

Amazon Acquires Audio Content Producer Rooftop Media for Audible

Amazon has acquired Rooftop Media, a ten-person company that records comedians in performance and licenses digital rights to thousands of hours of broadcast and recorded comedy, Reuters reports. (The acquisition was not announced by the company itself.) Rooftop will become part of Audible.com, which Rooftop ceo Will Rogers says "is…

Login to read more, or join Publishers Marketplace as a member

Digital Startups Bought and/or Closed in 2014

With our story on the closing of Atavist Books, it's helpful to examine the larger picture of the digital publishing start-up space. In response to a reader query, here is a look at 2014 activity, which breaks into two categories: Companies acquired and/or closed in distress or decline, and those acquired…

Login to read more, or join Publishers Marketplace as a member