The expansionist drive at Prague’s Albatros Media continues with the company’s acquisition of Panteon, a press focused on adult fiction.
PRH Takes Majority Stake in Brazil’s Grupo Companhia das Letras
In a memo from CEO Markus Dohle, Penguin Random House announces majority ownership in Brazil’s largest trade publisher, Companhia das Letras.
Poland’s Online Bookseller Merlin.pl Acquires Profit M, Expanding Its Footprint in the Market
Talking, among other things, of developing an loyalty program for consumers based in blockchain tokens, a spokesman for Poland’s Merlin.pl talks about its latest move to gain dominance in the market.
Industry Notes: Zuiker Press’ Graphic Novels; Sweden’s Thunderful
The creator of television’s ‘CSI’ franchise and his wife create a new series of teen-told tales as graphic novels, Simon & Schuster distributing. And Sweden’s still young Thunderful Publishing has a new acquisition in Rising Star Games.
Czech Republic’s Children’s Publisher Albatros Media Buys Vyšehrad
Already estimated to hold some 17 percent of the Czech wholesale book market, Albatros Media this spring continues broadening its acquisitions portfolio by buying the country’s oldest publisher, gaining access to the adult nonfiction market in the process.
One Russian Textbook Publisher Sues Another Over Alleged Trademark Infringement
Russian publisher Prosveshchenie accuses Ventana-Graf of wrongfully using its logo on thousands of textbooks—and that those books are therefore ‘counterfeit.’
Industry Notes: Two PEN Chapters Merge, and Penguin Random House’s Acquisition of Rodale Books
‘Never have the voices of writers and their allies been so essential,’ says the leadership of the merging Los Angeles and New York City chapters of PEN. And one of the most robust lifestyle-and-wellness publishers in the States is now part of PRH.
Czech Distributor Euromedia Sets Its Sights on Bookseller Neoluxor
Czech book distributor Euromedia Group hopes to expand its activity by acquiring the country’s leading bookstore chain, Neoluxor.
Distribution: Germany’s Bookwire Acquires Brazil’s DLD
Making good on its plans for Latin American expansion, ebook distributor Bookwire buys Brazil’s Distribuidora de Livros Digitais, DLD.
Russian Book Market Consolidation: Is It Closing Out Smaller Players?
Larger book publishing companies in Russia attract more government support, say critics, while smaller houses struggle to keep up.