Ruth Dickey will join the National Book Foundation as executive director on May 17. She has served as executive director of Seattle Arts & Lectures since 2013. Former lead Lisa Lucas, who serves on the NBF board now, says in the announcement, “Ruth Dickey’s extraordinary skill set—developed over many years as an exceptional, thoughtful, and…
M&A
Firebrand and NetGalley Sold to Japan’s Media Do
Quality Solutions/Firebrand Technologies and NetGalley have been sold to Media Do International, the US-based subsidiary of Japanese ebook distribution company Media Do Ltd. Founder and ceo Fran Toolan will remain on as CEO for a minimum of three years. Media Do has been NetGalley’s reseller partner in Japan since it launched there in 2016. Media…
People, Etc.
Elle Keck has been promoted to editor for William Morrow/Avon. Ali Herring has been promoted to literary agent at Spencerhill Associates. Dick Duane, co-owner of Pinder Lane & Garon-Brooke Agency, died January 28 of colon cancer. Acquisitions Prospect Park Books sold their assets, including 100 backlist titles and 11 forthcoming ones, to Turner Publishing. (The former…
Authors Guild and Others Urge DOJ to Reject S&S Merge with PRH
The Authors Guild, the Open Markets Institute, and a number of writers associations have co-signed a letter urging the Department of Justice to reject the plan to merge Simon & Schuster into Penguin Random House. “The deal would bring well more than half of key U.S. book markets under the control of a single corporation,…
Vivendi Becomes Second Largest Shareholder in Amber-Backed Prisa
Vivendi has built a 9.9 percent stake in education and media publisher Grupo Prisa, which owns El Pais newspaper as well as Santillana, a major educational publisher, particularly in South America. Prisa sold the Santillana trade business to Penguin Random House in 2014 and though lightly reported, last October they agreed to sell Santillana’s K-12…
South Korea’s Naver to Acquire Wattpad for More Than $600 Million
Further to recent reports that storytelling website Wattpad had put itself up for sale, on Tuesday publicly-held Korean internet conglomerate Naver said it would acquire Wattpad for cash and stock valuing the company at over $600 million. (The mix of cash versus stock is not being disclosed at this time.) Korea’s largest search engine, Naver’s…