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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…

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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,…

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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…

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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…

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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…

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Bertelsmann Makes Big Educational/Training Software Purchase

Bertelsmann has agreed to acquire North Carolina-based educational software firm Relias Learning, paying in the "mid-hundreds of millions" of dollars to buyout firm Vista Equity Partners. Two sources tell Reuters that translates into roughly $540 million. Relias produces employee training software that is used by over 4,000 organizations, primarily in health…

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McSweeney's Becomes a Nonprofit

San Francisco-based publisher McSweeney's announced it will go forward as a nonprofit organization, with the intent of obtaining 501(c)3 status next year. For now McSweeney's, founded in 1998, will run as a fiscally sponsored project of SOMArts, which runs the South of Market Cultural Center in San Francisco. In a telephone…

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TPG Plans Majority Stake In CAA

The NY Post reports that private equity firm TPG plans to increase their stake in CAA from a 35-percent share to a controlling 51-percent holding. That deal "could be announced within the week, one source familiar with the talks said." The paper's sources say the long-term objective of taking control…

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Briefs: Bloomsbury Considered Possible Osprey Buyer; Canongate 2013 Results; and More

On the heels of the Osprey Group selling off Angry Robot, Watkins, and Nourish earlier this month to entrepreneur Etan Ilfeld, the remaining divisions are still potentially up for sale, with Bloomsbury considered to be the most likely buyer, the Bookseller reports. They say the current speculation is that "both Bloomsbury…

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Harper Germany to Launch In 2015; Will Publish Silva In 16 Territories

HarperCollins is creating a HarperCollins Germany publishing program, expanding on the operation in Hamburg acquired as part of their purchase of Harlequin and launching in fall 2015 with approximately 50 Harper branded titles. The German initiative is itself just a first step, as Harper plans to take those 50 titles…

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