HarperCollins CEO Brian Murray told an investor conference in June that the publisher is, “Being aggressive in terms of buying books. We’ve seen the book pie grow, maybe 15 percent. And so our response, which is part opportunistic and part defensive, is to be aggressive in buying right now.” Our exclusive analysis of deal transactions in the second quarter of 2021 confirms that behavior, across the industry. In the first quarter, US deal volume was 19 percent higher than a year ago (and 21 percent higher than the recent four-year average). For the second quarter, deal volume again registered 18 […]
