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June 26, 2019By Michael Cader

Briefs: Germany’s KNV Sold, Scribd Minis, Rebel Girls Imprint, PRH UK Pulls Book

June 26, 2019By Michael Cader

Bankrupt German book wholesaler KNV (Koch, Neff and Volckmar) was auctioned by the trustee to Berlin-based privately owned logistics company Zeitfracht. The sale price was not disclosed, but the creditors’ committees have approved the purchase agreement. Zeitfracht says it will retain all employees — approximately 1,600 jobs — and continue to operate KNV’s three locations. Press release Subscription service Scribd is formally rolling out Snapshots (which launched in beta in February), “designed to offer key insights of a book in about 15 minutes to spark subscribers’ interest in reading the book in its entirety.” It’s “the literary equivalent of a […]

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Filed Under: Finance, International News, New Imprints, Subscription

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