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News of Publishing Industry Mergers and Acquisitions

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Allen Lau Leaves Wattpad’s Top Spot; Jeanne Lam Remains in Place

In News by Porter AndersonMay 10, 2022

The co-founder and CEO of Wattpad hands off to Jeanne Lam in a ‘final curtain call’ he says is not ‘The End.’

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Copyright Clearance Center Acquires Identifier Specialist Ringgold

In News by Porter AndersonMay 4, 2022

After working with CCC for years on disambiguating author affiliations, Ringgold is now part of Copyright Clearance Center.

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South Korea’s Webtoon Acquires Ebook Initiative Japan

In News by Porter AndersonApril 1, 2022

With a goal of deeper penetration in the Japanese market, South Korea’s Naver/Webtoon subsidiary Line buys Ebook Initiative Japan.

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A Merger in Self-Publishing: Draft2Digital’s Acquisition of Smashwords

In News by Porter AndersonFebruary 8, 2022

Together, the merging Draft2Digital-Smashwords self-publishing platform claims at least 250,000 writers and more than 800,000 ebooks.

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Academic Publishing Edition: Wiley’s Jay Flynn on ‘Science Literacy’

In News by Porter AndersonJanuary 28, 2022

As the pandemic raises ‘science literacy’ worldwide, Jay Flynn says Wiley is rushing to enable research stakeholders in a changing business.

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Open Road’s New CEO on 2021: ‘We Found Ways To Grow’

In News by Porter AndersonJanuary 27, 2022

‘As if we’ve built a fountain of youth for backlisted titles,’ David Steinberger writes in his appraisal of Open Road’s past year.

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In London, Hachette UK Announces Its Acquisition of Paperblanks

In News by Porter AndersonJanuary 18, 2022

Hachette UK has acquired the Canadian- and Irish-based stationery company Paperblanks, with Graham Conway to be its CEO.

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French Publishers on the Hachette-Editis Merger: ‘Such a Concentration’

In Feature Articles by Porter AndersonJanuary 7, 2022

The SNE warns of ‘a concentration such as the French book market has never known’ in the merger of Vivendi and Lagardère.

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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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