Hoping ‘it helps Penguin Random House Grupo Editorial increase its presence in the Catalan-language market,’ the company buys the 34-year-old La Campana.
Industry Notes: PRH Completes F+W Media Buy, MIT Reports Boost in Journals
The list of more than 2,000 nonfiction titles from F+W Media now is part of Penguin Publishing Group, as MIT Press touts jumps in 2018 impact factors.
Japan’s Kinokuniya Merges Its US Stores With Its Stationery Subsidiary
The international bookstore chain adds seven stores run directly by Kinokuniya after the company merges with its US gift and stationery subsidiary chain.
F+W Media To Present Winning Community Bids to Bankruptcy Court
A list of successful bidders on F+W Media community properties goes to bankruptcy court for approval in a hearing. Highest bid: $2.9 million for crafts.
Penguin Random House Buys F+W Media’s Books at Auction
Penguin Random House is acquiring the book publishing assets of F+W Media, which include the Writer’s Digest catalog. Communities to be auctioned separately June 13.
Elliott Management Agrees to Buy Barnes & Noble, Daunt to Run Both B&N and UK’s Waterstones
Elliott will pay some US$476 million for Barnes & Noble, having last year bought the UK’s main chain Waterstones. James Daunt is to run both companies.
Sourcebooks and Penguin Random House in ‘Collaborative Partnership’
Stressing that Sourcebooks will retain its independence, Penguin Random House’s 45-percent stake in the American publisher may mean new international reach.
Penguin Random House Grupo Editorial Acquires Ediciones Salamandra
One of Spain’s most prominent independent houses, Ediciones Salamandra brings some 500 authors to Penguin Random House Grupo Editorial.
Highlights for Children Sells Boyds Mills to Kane Press, Owned by Beijing’s Thinkingdom
China’s Thinkingdom Media Group’s Kane Press has bought Boyds Mills Press with Kane’s Leying Jiang to head the company under the name Boyds Mills & Kane.
Cengage and McGraw-Hill Merge, Hansen Leads Company
Anticipating a combined pro forma cash revenue of US$3,157 million, the new entity will take McGraw-Hill’s name, the deal expected to close by early 2020.