Poland’s second-largest bookstore chain, Matras, is set to be sold. Potential buyers include book distributor FK Olejesiuk and a consortium of publishers, led by Prószyński.
Hungary’s Top Online and B&M Bookstore Chain Merge
Seeking sale synergies, Bookline.hu, Hungary’s top online bookseller has merged with Libri, the country’s largest bookstore chain.
Eksmo and AST: Russia’s Two Publishing Giants Merge
Eksmo, Russia’s leading publishing company, has officially taken over its main rival AST, bringing the country even closer to consolidation.
The How, What, and Why of Lean Mergers and Acquisitions
John Styring, CEO of IglooBooks, talks about the process of acquiring another press, having just completed a successful acquisition of France’s Elcy Editions.
Will Self-Publishing Counterbalance Trade Publishing Consolidation?
More traditional publishers will likely merge over the next decade, further consolidating power. but as self-publishers continue to organize, they offer a viable alternative.
BBC Sells Lonely Planet for $78m, a 60% Drop in Value
BBC is selling Lonely Planet, to NC2 Media, a Nashville-based digital media company, for $77.8 million — $120 million less than what BBC bought it for in 2007.
With Gallimard as Sole Suitor, Flammarion Questions Sale
Left with no other bidders, Italy’s RCS Mediagroup must decide whether Gallimard’s offer of 200 million euros for Flammarion is enough to justify letting it go.
Is Publishing Consolidation Favorable to Tech Takeover?
Is it better to see publishers subsumed by fellow publishers than going to an Amazon or Apple? Or does it merely delay the inevitable or even expedited it?
Is Italy’s RCS Mediagroup Selling Flammarion?
Rumors have been flying in France about whether or not the financially beleaguered giant Italian RCS Mediagroup is unloading its Flammarion subsidiary.
Competitors and Collaborators: The New Age in Agenting
Editorial by Jason Allen Ashlock NEW YORK: In December, five of the largest magazine publishers in the United States — Time Inc., NewsCorp, Conde Nast, Hearst, and Meredith Corp — announced a joint venture. In an effort to take control of their own fates, the five will become equal partners in developing a new e-reader for magazines. These longtime competitors …