In a move to bring the US and UK Hachette divisions closer, London’s David Shelley is becoming CEO of both units.
Having satisfied the European Commission’s antitrust requirements, Vivendi says, it’s on course to acquire Lagardère and its Hachette Livre.
Vivendi’s Editis is rolling out new presses in French-speaking countries, this time in Senegal, with a focus on local children’s books.
The SNE warns of ‘a concentration such as the French book market has never known’ in the merger of Vivendi and Lagardère.
Arnaud Nourry was known to be concerned about the future integrity of Hachette Livre amid potential acquisition, his departure is abrupt.
ViacomCBS is expected to reactivate the sale process for Simon & Schuster this month, and Bertelsmann’s chief says he’s interested.
In an interview Hachette CEO Arnaud Nourry describes ebooks as ‘exactly the same as print, but electronic.’ The bigger question is whether that’s what consumers want.
The media conglomerate reports net sales at 7,657 million euros down 3.9%. However, the group saw growth in US and e-book sales throughout 2011.
A brief round-up of some of the week’s most notable publishing trade news: In the US Amazon announced the launch of a new romance books digital imprint — Montlake — which is part of their continued expansion into publishing. They are aggressively hiring in both Seattle and New York and appear to be focusing largely on genre titles. Agents are …