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News of Publishing Industry Mergers and Acquisitions

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In New York: Open Road’s Acquisition Investors Include Steinberger, Entrekin

In Feature Articles by Porter AndersonDecember 2, 2021

Originally founded in 2009 by Jane Friedman, Open Road enters a new chapter under the ownership of an investment group, with David Steinberger coming in as CEO.

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Wattpad-Webtoon’s Book Group Opens Graphic Novel Imprint

In News by Porter AndersonNovember 18, 2021

The merged Canadian and Korean platforms are expected to generate 12 graphic novels per year in the Webtoon Unscrolled imprint.

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French Youth Books: Glénat Acquires Hugo Companies for Romance, Comics

In News by Jaroslaw AdamowskiNovember 5, 2021

One goal of Glénat’s acquisition of Hugo, says Arthur de Saint Vincent, is a complementary use of licenses, heavy on romance and comics.

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In the United States: Sourcebooks Acquires BES Publishing

In News by Porter AndersonNovember 4, 2021

‘Our children’s book business now accounts for more than half our annual sales,’ says Sourcebooks’ Kay Birkner as the company buys BES Publishing.

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The Merged Wattpad Webtoon Studios Names First Projects

In News by Porter AndersonOctober 28, 2021

The two platforms brought together by South Korea’s Naver have begun early development on a trio of properties.

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Frankfurter Buchmesse’s CEO Talk: Acquisitions and Creativity

In News by Roger TagholmOctober 21, 2021

Two leaders in the fields of investment and finance took questions from book industry journalists in this year’s Frankfurt Studio program.

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Wiley Acquires J&J Editorial; Open Road Revenue Is Up 22 Percent

In News by Porter AndersonOctober 4, 2021

US industry notes: Wiley acquires peer-review specialist J&J Editorial, and Open Road announces first-half revenue gains in 2021.

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Denmark’s JP/Politikens Acquires Norway’s Kagge Forlag: ‘Synergies’

In News by Porter AndersonOctober 4, 2021

Forecasting a broader purview for Kagge Forlag, Politikens’ Juul Lenne announces the merger with Erling Kagge’s company.

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South Korea-Based Webtoon Announces a DC Comics Partnership

In News by Porter AndersonSeptember 10, 2021

Webtoon, the platform for user-generated comics content has a partnership to offer new webcomics based on the DC Comics universe.

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Michael Pietsch on Hachette Book Group’s Acquisition of Workman

In News by Porter AndersonAugust 17, 2021

International sales that can ‘enhance HGB’s offerings’ are a consideration in the Workman Publishing merger, says HBG CEO Michael Pietsch.

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